Abdullah al-badri general secretary of OPEC announced that a conference for Oil producer and consumer will be held in Jeddeh of Saudi Arabia to discuss high prices of crud oil in 22nd of this month

He added that the Oil producer and consumer states will be invited to this conference. European countries as well would be invited individually for the same conference and will not be only represented by their representatives in the European high commission.
World power Agency will participate in the conference as a representative of the power interest in the major industrialized countries, beside the participation of chairmen of financial establishments like Morgan Stanly and Goldman Sax.
White house announced that USA will attend the conference as one of the major Oil producer and consumer in the world and it said that they will discuss opening markets in front of investment to increase the qualification and production.