setting nearly in 1986 and since then prices are determined by the market. The Acute fluctuations that we see today in the market has neither to do with the organization nor the producing countries". He asserted that the task of the producing countries, particularly OPEC countries, is to preserve as possible the reliability of supplies and to maintain reasonable global stock that prevents fluctuation. Regarding the impact of not electing a President for Lebanon in the deadline, Prince Saud Al-Faisal said that "if it is up to me there would be a solution on the election day, but we do not know whether the Representatives will attend this meeting or not. Therefore, we do not know whether there will be election or not. I see that this question should be addressed to the Lebanese officials but not to us. Everything we can do is call on and help if we are asked for help. At the end the decision is in the hands of the Lebanese".
