The Kingdom of Saudi Arabia looks forward with great interest under the leadership of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and the Crown Prince to the stability of oil prices in the world market to preserve the interests of oil producers and consumers alike, to the continuing growth of the global economy especially in developing countries, and to achievement of prosperity for the peoples of the world. The Kingdom of Saudi Arabia as the largest exporting country of oil in the world will not spare any effort to achieve that objective. Its oil policy always aims to enhance and strengthen cooperation and dialogue with oil producing and consuming countries. The pioneering positions taken by the Kingdom to maintain the stability of oil prices embody its sincere desire for the market stability, the balance between supply and demand and continuity of oil flow safely to consumers. --More
