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Saudi Arabia Crude Oil Price 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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Latest Saudi Arabia Crude Oil Price News

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  • Minister says oil exploration work intensified 7 Nov 2009 09:41 GMT
    ... Tegenu, on Thursday told Parliament that intense oil exploration activities were under way in the ... in the face of the escalating fuel price on the international market. He said several ... concession to oil companies. Alemayehu said though crude oil was not discovered in Ethiopia, a natural ...

  • WEEKAHEAD-The view from Reuters editors in the Americas 7 Nov 2009 02:50 GMT
    ... of about 8 percent between Cadbury's share price and Kraft's informal offer, which valued the ... a new, improved relationship with Latin America. OIL PRICING - We're chasing comments from oil ... they could join Saudi Arabia in pricing crude sold to the United States based on the ...

  • Chevron tax refund ruling may set a pattern 7 Nov 2009 01:53 GMT
    ... Los Angeles County, which itself has six oil Assessors usually use a combination of three ... of equipment used to break down heavy crude oil into gasoline and other products that ... not adjust a discount rate related to petroleum industry instability. Oil companies often buy crude ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The ... OPEC's economic bulletin said. Last week, US crude oil price settled at USD 80.00 pb apparently ...

  • 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
    ... the addition of the " The Kuwait Oil and Gas Report provides industry professionals and ... of economic expansion. State oil company Kuwait Petroleum Corporation (KPC) is responsible for all domestic ... of near-term international oil company (IOC) investment, crude production is forecast to increase from 2.78mn ...

  • Fuel for thought 6 Nov 2009 11:18 GMT
    ... Fuel for thought Crude World: the Violent Twilight of Oil Peter Maass Allen Lane, 288pp, Pounds 20 ... 288pp, Pounds 20 The use of refined petroleum as fuel, which began in the 1850s, ...

  • WRAPUP 1-China top refiners to run at record in Nov 6 Nov 2009 06:23 GMT
    ... - China's leading refineries will raise their crude processing mildly in November to a record high ... are piling up while a widely-expected fuel price hike nears. Twelve major plants accounting for ... million barrels per day (bpd) of crude oil in November, 1.1 percent higher than October, ...

  • RPT-WRAPUP 1-China top refiners to run at record in Nov 6 Nov 2009 06:45 GMT
    ... - China's leading refineries will raise their crude processing mildly in November to a record high ... are piling up while a widely-expected fuel price hike nears. Twelve major plants accounting for ... million barrels per day (bpd) of crude oil in November, 1.1 percent higher than October, ...

  • Top refiners to run at record in Nov 6 Nov 2009 09:56 GMT
    ... Nov China's leading refineries will raise their crude processing mildly in November to a record high ... are piling up while a widely-expected fuel price hike nears. Twelve major plants accounting for ... 2.70 million barrels per day of crude oil in November, 1.1 percent higher than October, ...

  • China's top refiners to run at record in Nov 6 Nov 2009 09:56 GMT
    ... Nov China's leading refineries will raise their crude processing mildly in November to a record high ... are piling up while a widely-expected fuel price hike nears. Twelve major plants accounting for ... 2.70 million barrels per day of crude oil in November, 1.1 percent higher than October, ...

  • Roubini: Commodities Due for a Correction 6 Nov 2009 23:12 GMT
    ... From crude to copper, from gold to silver, most commodities have ... China to drive global growth, how $100 oil would tip us back into recession, and ... see an inverse relation within the dollar price of commodities, including gold. But if you ...

  • Analysis: SE Asia Rig Market Challenged, But Construction Continues 6 Nov 2009 21:56 GMT
    ... and Vietnam. According to Shell, the Indonesia oil industry and what subsequently became Royal Dutch ... closely connected. Shell discovered commercial quantities of crude oil in Sumatra just over 100 yrs ago. ... to trend lower through 2011 as rigs re-price at lower dayrates. Broken down by rig ...

  • Kuwait cuts naphtha term offer in surprise move 6 Nov 2009 14:57 GMT
    ... SINGAPORE - Kuwait Petroleum Corp (KPC) has for the first time ... move could affect rival Abu Dhabi National Oil Co’s (ADNOC) ongoing term talks, as it ... Crack spreads — premiums/losses from refining Brent crude into naphtha — was at $95.95 a ...

  • WTI is losing its glitter as a global oil price measure 4 Nov 2009 02:50 GMT
    ... is losing its glitter as a global oil price measure Published: November 4 2009 02:00 | ... customers have been happy with using WTI crude as their yardstick, even though it is the most ...

  • Kingdom adopts new oil price benchmark (SG) 1 Nov 2009 12:34 GMT
    ... Kingdom adopts new oil price benchmark (SG) From January, 2101, Saudi Arabia ... importance of the US Gulf coast sour crude market. ...


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