Saudi alert over crude prices
BY ANDREW HAMMOND AND SIMON WEBB Leading oil exporter Saudi Arabia has summoned consumer nations and fellow producers to an urgently convened meeting to thrash out a solution to oil prices, which it says are unjustifiably high. Producers and consumers have long blamed each other, but the Saudi Cabinet, chaired by King Abdullah, issued instructions to bring them together after oil rose by an unprecedented $16 a barrel over a little more than 24 hours to more than $139.