OPEC Wants Oil Price `Solution' From Saudi Meeting

OPEC wants a ``solution'' to end record oil prices and an examination of the role of speculators when governments of consuming and producing countries meet later this month in Saudi Arabia, OPEC's secretary general said. Heads of state from the Organization of Petroleum Exporting Countries, their counterparts from importing nations and bank executives have been invited to attend the June 22 meeting in Jeddah to discuss record energy costs that Saudi Arabia, the world's largest oil exporter, says are ``unjustified.''