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Bush Visit

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The American president's visit to the Saudi Arabia is hoped to work out something in the petroleum products. Bush and Saudi King Abdullah had a private conversation and issues regarding petrol could have been raised. Everyone is positive about the meeting and there are some signs of OPEC authorizing an increase in oil production which would ease pressure on price. The price of crude oil had crossed the hundred dollar mark a record high which has strongly affected the world economy.

President Bush also strongly hopes that OPEC cartel will increase oil output.

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