Saudi Arabia Brent Crude News

Saudi Arabia Brent Crude News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.

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NYMEX-Crude down on strong dollar, weak equities 20 Nov 2009 18:12 GMT
... NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures pared some losses at midday ... from $76.76 to $78.61. IN LONDON, JANUARY BRENT CRUDE WAS OF 10 CENTS, or 0.13 ... AGREED TO RAISE 2010 CRUDE imports from Saudi Arabia by about 12 percent from 2009 ...
NYMEX-Crude ends off as dollar spikes, Wall St dips 20 Nov 2009 21:12 GMT
... NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures ended lower on Friday, dragged ... from $76.76 to $78.61. IN LONDON, JANUARY BRENT CRUDE SETTLED DOWN 44 cents, or 0.57 ... AGREED TO RAISE 2010 CRUDE imports from Saudi Arabia by about 12 percent from 2009 ...
Saudi Set for Asia Crude Benchmark 20 Nov 2009 19:58 GMT
... DUBAI � Saudi Arabia is all but certain to adopt ... to adopt the Dubai Mercantile Exchange�s Oman crude oil futures contract as its benchmark one ... global benchmarks since it abandoned Europe�s Dated Brent nearly a decade ago, and raising expectations ...
MARKET WATCH: Crude prices slip in second session 16 Nov 2009 19:34 GMT
... second consecutive trading session Nov. 13 with crude touching a 1-month low in intraday trade ... It is not necessarily a coincidence that Saudi Arabia has restarted supplying term contracts to ... the December IPE contract for North Sea Brent crude was down 47¢ to $75.55/bbl. Gas ...
Saudi oil pressure could curb Iran 16 Nov 2009 15:33 GMT
... Service reports. In matters of Islam, both Saudi Arabia and Iran maintain a veneer of ... $70 per barrel for the widely traded Brent crude. At this price, the kingdom's cash flow ...
New player changes outlook on crude 17 Nov 2009 14:51 GMT
... oil market is oversupplied. The price of crude plunged on Friday as the US energy ... were at their January 2000 trough when Brent crude was at US$27 a barrel. Along ... of crude oil, the world�s third-largest after Saudi and Russia, continues to rise with little ...
Oil prices hit new high 19 Nov 2009 19:17 GMT
... of the Opec oil cartel in Vienna. Crude oil for July delivery hit 63.45 dollars ... Traders also reacted to reported comments from Saudi oil minister Ali Al-Naimi that a recovering ... to 80 dollars a barrel. In London, Brent crude also rose above 62 dollars a ...
A new benchmark for oil? 19 Nov 2009 20:36 GMT
... Saudi Arabia's new method of pricing oil bound ... reflects the world's growing reliance on sour crude, which is harder to refine. The sour ... contracts are based on WTI and Europe's Brent oil. Sour crude - whose higher sulfur ...
In oil markets, the future looks sour 19 Nov 2009 17:41 GMT
... NEW YORK/HOUSTON (Reuters) - Saudi Arabia's new method of pricing oil bound ... reflects the world's growing reliance on sour crude, which is harder to refine. The sour ... contracts are based on WTI and Europe's Brent oil. Sour crude -- whose higher sulfur ...
Oil prices slump as US crude stocks jump 12 Nov 2009 20:20 GMT
... Oil prices slump as US crude stocks jump Oil tumbled on Thursday, extending ... barrel, after touching a low of $76.68. Brent North Sea crude for December delivery dived ... back of surging demand in China and Saudi Arabia, as well as somewhat higher-than-anticipated data ...
Oil steady above $79; eyes on U.S. data, dollar 12 Nov 2009 05:44 GMT
... prices despite expectations of a rise in crude stockpiles in the world's biggest energy consumer. ... after closing 23 cents higher on Wednesday. Brent crude futures dropped a cent to $77.94 ... Times quoted Khalid al-Falih, Chief Executive of Saudi Aramco, as saying that world oil demand ...
Oil holds steady above $79 12 Nov 2009 07:31 GMT
... prices despite expectations of a rise in crude stockpiles in the world's biggest energy consumer. ... after closing 23 cents higher on Wednesday. Brent crude futures were up 6 cents at ... Times quoted Khalid al-Falih, chief executive of Saudi Aramco, as saying that world oil demand ...
IEA criticism is further blow to oil benchmark 12 Nov 2009 19:33 GMT
... London-based oil pricing company. The Argus Sour Crude Index (Asci) tracks three varieties of crude ... futures contract. , home of the rival Brent benchmark, said this week it will launch ... remain linked to WTI quotes through differentials. Saudi Aramco, the state owned company, previously used ...
Oil demand strong, price rise a threat: IEA 12 Nov 2009 11:15 GMT
... back of surging demand in China and Saudi Arabia, as well as somewhat higher-than-anticipated data ... inventories. New York's main contract, light sweet crude for delivery in December, slid 36 cents ... cents to to 78.92 dollars per barrel. Brent North Sea crude for December delivery was ...
Oil demand surprisingly strong, price rise a threat, says IEA 12 Nov 2009 11:53 GMT
... back of surging demand in China and Saudi Arabia, as well as somewhat higher-than-anticipated data ... inventories. New York's main contract, light sweet crude for delivery in December, slid 36 cents ... 36 cents to 78.92 dollars per barrel. Brent North Sea crude for December delivery was ...

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