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Saudi Aramco Targets $1.2B, 100,000 B/D Dammam Field Development 14 Oct 2008 04:31 GMT
... Saudi Aramco Targets $1.2B, 100,000 B/D Dammam Field Development by Oliver Klaus Dow Jones Newswires ... recession will hit oil demand. Saudi is OPEC's top producer, presently pumping about 9.4 million ...
Oil price jumps $2 amid commodities rally 14 Oct 2008 03:50 GMT
... the Organisation of the Petroleum Exporting Countries (OPEC) had called for a cut in production ... does not need its oil. Top exporter Saudi Arabia cut November supplies to one major European refiner, according to a trade source, but ...
Oil Climbs $2, Extends Gains on Bank Rescue Plans 14 Oct 2008 03:50 GMT
... ENERGY, CRUDE, INVENTORIES, GASOLINE, ENERGY PRICES, EIA, OPEC, DEMAND, Oil rose more than $2 on ... in crude prices, some members of the Organization of the Petroleum Exporting Countries (OPEC) had called for a cut in ... does not need its oil. Top exporter Saudi Arabia cut November supplies to one major ...
Oil jumps in global rally 14 Oct 2008 03:19 GMT
... against the euro as well, and the Saudis cut November oil shipments to Europe." Investors rushed into oil and other commodities this ... Oil Minister Hussain al-Shahristani said on Monday OPEC will consider cutting output if the world ...
UPDATE 1-Oil rises over $2, extends gains on bank rescue 14 Oct 2008 02:50 GMT
... in crude prices, some members of the Organization of the Petroleum Exporting Countries (OPEC) had called for a cut in production ... does not need its oil. Top exporter Saudi Arabia cut November supplies to one major ...

Crude oil price slips back above $80 a barrel 14 Oct 2008 02:31 GMT
... oil prices yesterday rose on reports that Saudi Arabia, the world's top oil exporter, has cut supplies to European refineries. Nymex November West ... also posted large gains. Over the weekend, Opec's hawkish members Iran, Venezuela and Algeria said ...
NYMEX crude up over $83 as bank plan spurs Asia rally 14 Oct 2008 01:31 GMT
... consider cutting output if the world does not need its oil. * Top exporter Saudi Arabia -- OPEC's most influential member -- cut November supplies to one major European refiner, according to ...
Oil Jumps Up $3.49, Bank Plan Spurs Global Rally 14 Oct 2008 00:30 GMT
... against the euro as well, and the Saudis cut November oil shipments to Europe." Investors rushed into oil and other commodities this ... Oil Minister Hussain al-Shahristani said on Monday OPEC will consider cutting output if the world ...
Qatar: Opec faces difficult' decision; Tehran urges cut 12 Oct 2008 23:31 GMT
... for all the world and not just Opec,” HE Abdullah bin Hamad al-Attiyah told Dow ... states in the Arabian Gulf such as Saudi Arabia, Qatar, the United Arab Emirates and Kuwait. Light, sweet crude for November delivery ...
Fuelled by cartels 12 Oct 2008 19:27 GMT
... $150 a barrel. Even oil exporters like Saudi Arabia had during peak season indicated doubt about the sustainability of expensive oil. The ... oil would be a great failure by OPEC. ...
Meltdown's silver lining will be cheaper oil 12 Oct 2008 18:04 GMT
... high oil prices have to be for Opec countries to maintain their budgets. Iran and ... of $95. Russia needs about $70, while Saudi Arabia, Opec’s largest producer and de facto ruler, needs about $55 a barrel. ...
Oil output slumps under Chavez 12 Oct 2008 12:30 GMT
... fallen to 2.4 million barrels, according to OPEC figures. About half of this oil is ... barrels - more than anywhere else except Saudi Arabia. But the crude is of low quality and must be upgraded before it can be ...
Platts Survey: Sept. OPEC Oil Output down 340,000 b/d to 32.47 million b/d 12 Oct 2008 08:44 GMT
... Platts -- The 13 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 32.47 million barrels per ... from August and reflects output declines in Saudi Arabia, Iraq and Angola. Excluding Iraq, the ...
Opec may fall apart if Saudi shuns output cut' 11 Oct 2008 21:31 GMT
... Oil's steep fall has caused some Opec members to call for a production reduction ... the organisation apart” as its biggest producer, Saudi Arabia, pursues a more moderate course than other members calling for supply cuts to ...
Divisions could tear Opec apart' 11 Oct 2008 18:30 GMT
... return to a �logical level�. Divisions within Opec are being aired ahead of an emergency ... organisation apart,� a London oil analyst said. �Saudi Arabia has not joined the Opec hawks, led by Venezuela and Iran, in calling for another ...

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