What confounds many experts is that the price of oil seems to be changing much faster than the world is changing.

Saudi Arabia’s plan to boost production next month was seen as a sign that the Saudis are nervous about the political and economic effect of high oil prices.

Saudi Arabia’s plan to increase its oil output next month was seen as a sign that the Saudis are nervous about the political and economic effect of high oil prices.

The move, which could bring the kingdom’s output to its highest level ever, was seen as a sign that the Saudis are nervous about the effect of high oil prices.

The energy summit of producers and consumers would focus on “how to objectively deal” with high prices, the Saudi government said.

U.S. officials briefly detained BAE Systems’ chief executive and a director when they landed in Houston last week, BAE confirmed Monday.

The president, on a trip the Middle East, had hoped to persuade the king of Saudi Arabia to release enough oil to drive down prices and give American consumers some relief at the pump.

General Electric confirmed that it planned to sell or spin off the appliance business that for a century has put refrigerators, washing machines and dishwashers in American homes.

The Saudis announced that they had increased output starting on May 10, but they seemed to reject a request by President Bush, who was visiting, to raise oil production further.

The Saudis announced that they had increased output starting on May 10, but they seemed to reject a request by President Bush, who was visiting, to raise oil production further.