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Africa Crude Oil Price News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Africa Oil & Gas.
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Latest Africa Crude Oil Price News

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  • 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 ... 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 ... 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 oil minister: Oil price 'perfect' 5 Dec 2009 09:35 GMT
    ... PST CAIRO, Egypt (AP) -- Saudi Arabia's oil minister says the current global oil price ... price is perfect" and that the global crude market is stable. Benchmark crude futures settled ... $75 per barrel. The Organization of the Petroleum Exporting Countries supplies roughly 35 percent of ...

  • 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 ... will have to increase. The Organization of Petroleum Exporting Countries, which supplies about 40 percent ...

  • Saudi hails \'perfect\' oil price, stable market 5 Dec 2009 21:57 GMT
    ... don't have to think very hard," Saudi Oil Minister Ali al-Naimi said in Cairo, reflecting ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... picture. New York's main contract, light sweet crude for January delivery, fell 99 cents to ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of ... 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 hails perfect' price at Arab oil meeting 5 Dec 2009 13:18 GMT
    ... CAIRO - Top oil exporter Saudi Arabia on Saturday described the ... no need for the Organization of the Petroleum Exporting Countries to change its output targets ...

  • Saudi hails "perfect" price at Arab oil meeting 5 Dec 2009 13:32 GMT
    ... Abbas Naqi, secretary general of Organisation of Arab Petroleum Exporting Countries (OAPEC), attends the opening... Top oil exporter Saudi Arabia on Saturday described the current oil price as stable and "perfect" ...

  • Moody's mildly upbeat on crude 5 Dec 2009 20:35 GMT
    ... rosier view of business prospects for multinational oil companies amid forecasts of a recovery in ... an easing in industry costs, Moodys said. Crude prices of about US$75 a barrel in the ... oil companies responded to any renewed oil price weakness. ...

  • Riyadh hails 'perfect' price at oil meeting 5 Dec 2009 21:54 GMT
    ... CAIRO — Top oil exporter Saudi Arabia on Saturday described the ... no need for the Organisation of the Petroleum Exporting Countries to change its output targets ...

  • Saudi oil minister says global oil prices 'perfect' 5 Dec 2009 10:58 GMT
    ... Tarek El-Tablawy, THE ASSOCIATED PRESS, cp.org, Saudi oil minister says global oil prices 'perfect' CAIRO, ... price is perfect" and that the global crude market is stable. Benchmark crude futures settled ... US$75 per barrel. The Organization of the Petroleum Exporting Countries supplies roughly 35 per cent ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 09:51 GMT
    ... PST CAIRO, Egypt (AP) -- Saudi Arabia's oil minister says the current global oil price ... price is perfect" and that the global crude market is stable. Benchmark crude futures settled ... $75 per barrel. The Organization of the Petroleum Exporting Countries supplies roughly 35 percent of ...

  • 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. ... 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 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, ... 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 ...

  • Crude Oil Declines to Seven-Week Low as the Dollar Surges 5 Dec 2009 07:18 GMT
    ... Dec. 4 (Bloomberg) -- Crude oil fell to a seven-week low as the ... in Cairo before a meeting of Arab petroleum ministers. Inventories of oil “are coming down,” ...


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