Mr Al-Naimi [Saudi Oil Minister] said: “Saudi Arabia continues to be committed to OPEC’s $22-28 price band. There are signs that worldwide inventories have begun to build but no one really knows for sure. I do not believe there is a fissure [within Opec]. There is dialogue. Opec in general is committed to the band,” he said.
31/7/2010 Saudi Aramco’s crude oil exports peaked in 2005