FACTBOX: Comments ahead of Saudi producer/consumer oil talks

(Reuters) - The world's top oil exporter Saudi Arabia finds the price of fuel unjustifiable and has called a meeting of producers and consumers on June 22 to help find a solution.

The two sides have long blamed each other, but the Saudi cabinet, chaired by King Abdullah, issued instructions to bring them together in Jeddah after oil rose last week by $16 a barrel in just over 24 hours to above $139.

Below are the latest comments by ministers and officials who are attending, or are likely to attend, the event.

PRODUCERS

OPEC

SECRETARY GENERAL -- Abdullah al-Badri

June 10, London, oil near $133: "I ask through you, through Reuters, really we need some calm. We are panicking too much."

"The situation is unbearable as far as we are concerned. I want to say, there is no shortage now and in the future."

OPEC PRESIDENT -- Chakib Khelil, Algerian oil minister

June 10, Algiers, oil near $131: "It would not be wrong to discuss not only the current oil market situation, but also prices and costs because if the price of a barrel is increasing, the price of equipment and services has also tripled in two years."

"We should also not ignore, above all, the central issue which is speculation."

SAUDI ARABIA -- Oil Minister Ali al-Naimi

June 8, Riyadh, oil around $138: The Saudi oil minister agrees with his Pakistani counterpart that a double-digit price rise was unjustified and unrelated to market fundamentals.

IRAN -- Oil Minister Gholamhossein Nozari

June 10, Tehran, oil near $132: "... No one party is on its own able to solve the oil market's problems," said Mohammad Ali Khatibi, Iran's OPEC Governor.

UAE -- Oil Minister Mohammed al-Hamli (will attend)