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Latest OPEC Saudi Arabia News

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  • Stances on Copenhagen 7 Nov 2009 13:04 GMT
    ... all serious "We are among the most economically vulnerable countries." Mohammad S. Al Sabban, Saudi Arabia's lead negotiator 8/10/09 Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Opec and Saudi Arabia seeking financial aid for oil-producers if new agreement requires cuts of ...

  • INTERVIEW - Canada steps up oil sands push in United States 7 Nov 2009 07:17 GMT
    ... is already the largest foreign supplier of oil to the United States, topping such OPEC suppliers as Saudi Arabia and Venezuela. Much of that crude is derived from oil sands developments in northern Alberta. TransCanada Corp is preparing to start ...

  • China offers Africa more trade, investment 7 Nov 2009 13:55 GMT
    ... to Gulf Arab states and other Arab OPEC members. It has signed a refinery deal ... multibillion dollar joint venture petrochemicals plant with Saudi Arabia's SABIC. Most recently, Chinese companies have bid aggressively to develop some of ...

  • Amir''s participation at COMSEC summit out of keenness to enhance external ties 7 Nov 2009 18:23 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC), that was hosted by Riyadh, where His ... Mosques King Abdullah Bin Abdul Aziz of Saudi Arabia, also held in Riyadh. On March 19, His Highness headed the country's delegation at the ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (end) ...

  • Getting warm 6 Nov 2009 09:27 GMT
    ... all serious "We are among the most economically vulnerable countries." Mohammad S. Al Sabban, Saudi Arabia's lead negotiator 8/10/09 Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE Opec and Saudi Arabia seeking financial aid for oil-producers if new agreement requires cuts of ...

  • Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3% 6 Nov 2009 16:31 GMT
    ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ... It is just one place ahead of Saudi Arabia, but should be safe from any immediate challenge thanks to a comfortable margin. The ...

  • Roubini: Commodities Due for a Correction 6 Nov 2009 23:12 GMT
    ... are just talking their books. Crigger: Is OPEC still effective at managing oil prices? In ... use it to stabilize oil prices is Saudi Arabia. But once oil is above $80 like it is now, ETF demand, options demand, speculative demand, ...

  • OPEC oil output falls in October-Reuters survey 2 Nov 2009 15:53 GMT
    ... OPEC oil supply fell in October, the first ... decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further ... Supply from the 11 members of the Organization of the Petroleum Exporting Countries with output targets eased to 26.38 million ...

  • OPEC oil output falls in October ' Reuters survey 2 Nov 2009 16:35 GMT
    ... OPEC oil output falls in October – Reuters ... decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed on ...

  • Opec oil output falls in October for the first time since April 2 Nov 2009 20:25 GMT
    ... Opec oil output falls in October for the ... decline since April, as lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed yesterday. ...

  • OPEC envoy refutes claims that Iran violates OPEC quota 1 Nov 2009 14:33 GMT
    ... OPEC envoy refutes claims that Iran violates OPEC ... increase in the prices. For instance, had Saudi Arabic produced 10 million barrels of oil per day, if Iran too produced four million ...

  • OPEC basket price down 59 cents to USD 74.97 pb 3 Nov 2009 16:17 GMT
    ... Nov 3 (KUNA) -- The price of OPEC basket of twelve crudes dropped 59 cents ... from USD 75.56 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Tuesday. The annual average ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (end) ...

  • OPEC basket price down 38 cents to USD 75.56 pb 2 Nov 2009 15:17 GMT
    ... Nov 2 (KUNA) -- The price of OPEC basket of twelve crudes dropped 38 cents ... from USD 75.94 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Monday. The annual average ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (end) ...

  • OPEC basket price up 56 cents to USD 75.53 pb 4 Nov 2009 16:15 GMT
    ... Nov 4 (KUNA) -- The price of OPEC basket of twelve crudes jumped 56 cents ... from USD 74.97 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday. The annual average ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (end) ...


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