RIYADH, Dec 25 (Reuters) - Oil prices are heading towards stability and might even rise 'reasonably', Saudi Arabia's King Abdullah was quoted as saying by a Kuwaiti newspaper.
'Oil prices are heading towards stability and might rise reasonably,' King Abdullah told al-Seyassah's Saturday edition, according to an advance copy obtained by Reuters late on Friday.
'We expected at the beginning of the year an oil price between $75 and $80 per barrel and this is a fair price,' he said.
(Reporting by Ulf Laessing; Editing by Charles Dick) Keywords: SAUDI OIL (ulf.laessing@reuters.com ; +966 1 463 2603; Reuters Messaging:ulf.laessingreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Oil prices are heading towards stability and might rise reasonably,' King Abdullah told al-Seyassah's Saturday edition, according to an advance copy obtained by Reuters late on Friday.
'We expected at the beginning of the year an oil price between $75 and $80 per barrel and this is a fair price,' he said.
(Reporting by Ulf Laessing; Editing by Charles Dick) Keywords: SAUDI OIL (ulf.laessing@reuters.com ; +966 1 463 2603; Reuters Messaging:ulf.laessingreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.