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Algeria Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Algeria Oil & Gas.
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  • Arab OPEC members agree to maintain production 6 Dec 2009 03:52 GMT
    ... CAIRO: OPEC heavyweights led by kingpin Saudi Arabia on ... support for maintaining production quotas, saying the oil price is satisfactory and the market is stable. ... above 80 dollars a barrel before easing. Crude prices tumbled Friday in volatile trade, succumbing to ...

  • OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
    ... it meets this month to decide its oil output policy as it needs to balance ... and there were 165 million barrels of crude and products floating at sea -- equal ... about the impact efforts to curb fossil fuel use could have on their economies. Kyoto ...

  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... especially in the area of research and exploration," said Egyptian Minister of Petroleum Sameh Fahmi. ...

  • Saudi minister calls current oil prices of around $75 ''perfect'' (ML-Mideast-Oil) 5 Dec 2009 17:04 GMT
    ... Saudi minister calls current oil prices of around $75 ''perfect'' (ML-Mideast-Oil) CAIRO, Egypt ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world´s crude, has held its quotas unchanged since last ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of around ... Ministerial Conference of the Organisation of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt, Saturday, ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi minister calls current oil prices of around $75 'perfect' 5 Dec 2009 18:14 GMT
    ... Saudi minister calls current oil prices of around $75 'perfect' CAIRO, Egypt - ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:10 GMT
    ... CAIRO (AP) -- Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister calls current global oil prices at around $75 a barrel 'perfect' 5 Dec 2009 10:18 GMT
    ... oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel 'perfect' 5 Dec 2009 10:32 GMT
    ... CAIRO (AP) — Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi oil minister: Oil price 'perfect' 5 Dec 2009 10:34 GMT
    ... TAREK EL-TABLAWY (AP) CAIRO - Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Oil Prices 'Perfect,' Saudi Oil Minister Says 5 Dec 2009 11:17 GMT
    ... minister said current global oil prices are ''perfect,'' as several key members indicated ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...

  • Saudi hails 'perfect' oil price, stable market 5 Dec 2009 16:15 GMT
    ... Saudi Arabia said on Saturday that oil prices were "perfect" and the global market stable ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... prices jumped above 80 dollars before easing. Crude prices tumbled on Friday in volatile trade, ...

  • Saudi Arabia hails 'perfect' oil price 5 Dec 2009 19:50 GMT
    ... Saudi Arabia says oil prices are 'perfect' and the global market is ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... October, prices jumped above $US80 before easing. Crude prices tumbled on Friday in volatile trade, ...

  • Saudi hails 'perfect' oil price, stable market 5 Dec 2009 20:37 GMT
    ... - Saudi Arabia said on Saturday that oil prices were "perfect" and the global market stable ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... prices jumped above 80 dollars before easing. Crude prices tumbled on Friday in volatile trade, ...

  • OPEC Ministers See No Quota Change This Month With 'OK' Price 5 Dec 2009 22:57 GMT
    ... meets in Angola later this month because oil prices are at levels members consider satisfactory. Officials ... Cairo said they want the Organization of Petroleum Exporting Countries to maintain production targets at ... , also in Cairo to attend tomorrow’s Crude oil futures traded at $75.77 a barrel ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:32 GMT
    ... member states. The group's approach has helped oil prices rebound to almost $80 per barrel recently, ... worst recession in decades sapped demand for crude. The benchmark crude oil contract for January ... annual meeting of the Organization of Arab Petroleum Exporting Countries. OPEC has said it wants ...

  • Saudi oil minister: Oil price 'perfect' 5 Dec 2009 10:51 GMT
    ... member states. The group's approach has helped oil prices rebound to almost $80 per barrel recently, ... worst recession in decades sapped demand for crude. The benchmark crude oil contract for January ... annual meeting of the Organization of Arab Petroleum Exporting Countries. OPEC has said it wants ...

  • Arab OPEC members agree to maintain production 5 Dec 2009 14:04 GMT
    ... CAIRO: OPEC heavyweights led by kingpin Saudi Arabia on ... support for maintaining production quotas, saying the oil price is satisfactory and the market is stable. ... jumped above US$80 a barrel before easing. Crude prices tumbled on Friday in volatile trade, succumbing ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel Â'perfectÂ' 5 Dec 2009 12:18 GMT
    ... Tarek El-Tablawy, THE ASSOCIATED PRESS, cp.org, Saudi oil minister calls current global oil prices of around ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt. (THE ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • Current Oil Prices Perfect': Al Naimi 5 Dec 2009 19:56 GMT
    ... CAIRO — Saudi Arabia’s oil minister said on Saturday that current global oil ... later this month. The Organisation of the Petroleum Exporting Countries, which supplies roughly 35 per ... roughly 35 per cent of the world’s crude, has held its quotas unchanged since last ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel ?perfect? 5 Dec 2009 11:58 GMT
    ... Saudi oil minister Ali Al Naimi chairs his delegation during ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt. (THE ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • oil prices 'perfect' 5 Dec 2009 15:11 GMT
    ... The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... cuts. “The price is perfect,” said Saudi Oil Minister Ali Naimi, whose country sits atop the ...

  • Saudi minister calls current oil prices of around $75 'perfect' 5 Dec 2009 17:18 GMT
    ... Saudi oil minister Ali Al Naimi chairs his delegation during ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt, Saturday, ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ...

  • Saudi Arabia's Al-Naimi Says Oil Price Is 'Perfect' 5 Dec 2009 11:18 GMT
    ... Dec. 5 (Bloomberg) -- Crude oil prices are in “the right range” and there ... will have to increase. The Organization of Petroleum Exporting Countries, which supplies about 40 percent ...

  • Saudi hails "perfect" price at Arab oil meeting 5 Dec 2009 13:32 GMT
    ... Naqi, secretary general of Organisation of Arab Petroleum Exporting Countries (OAPEC), attends the opening... Top ... Exporting Countries (OAPEC), attends the opening... Top oil exporter Saudi Arabia on Saturday described the current ... seven of which are also members of OPEC. "Inventories are coming down, the price is ...


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