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Saudi Arabia Oil & Gas Demand 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 Oil & Gas Demand News

  • Kingdom's GDP set to rise by 3% in 2010 6 Dec 2009 00:33 GMT
    ... well as indirect fiscal stimulus to the non-oil sector. In a special report assessing implications ... were based on a recovery in global demand and a higher oil production level. With ... as regional and international news, especially regarding crude oil prices, all have important effects on ...

  • Work on JEC projects gathers steam 6 Dec 2009 00:33 GMT
    ... with plans in hand for a privately-owned oil refinery, a steel cluster, an iron ore ... requirements of Jazan refinery project’s imports of crude oil, he added. Zaidan said the JEC ... aims to cover the Saudi market’s increasing demand on steel. JEC has entered the economic ...

  • Saudi hails 'perfect' price at Arab oil meeting 5 Dec 2009 23:55 GMT
    ... Top oil exporter Saudi Arabia on Saturday described the ... to raise output for a while, Algerian Energy and Mines minister Chakib Khelil said. "It ... against the risk any rise in oil demand could drive up prices and derail the ...

  • Pirates holding tanker warn against a navy raid 5 Dec 2009 23:40 GMT
    ... Somali pirates who captured an oil-laden Greek tanker a week ago warned yesterday ... Greek-flagged Maran Centaurus - a very large crude carrier - is now anchored off the ... discussions right now but the pirates’ only demand is a ransom. It’s all about the ...

  • 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. ... that month a record production cut as demand around the world crumpled, and kept quotas ... , also in Cairo to attend tomorrow’s Crude oil futures traded at $75.77 a barrel ...

  • OPEC unlikely to change supply on Dec 22: Gulf delegate 5 Dec 2009 22:18 GMT
    ... at a meeting later this month as oil prices are at a level reasonable for ... the global economy will recover and boost demand. The price is close to the $75 ... see growth, he added. Demand in top energy consumer the United States would grow a ...

  • 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 ... 30 dollars after a sharp decline in demand because of the Oil prices have rebounded ... picture. New York's main contract, light sweet crude for January delivery, fell 99 cents to ...

  • Current Oil Prices Perfect': Al Naimi 5 Dec 2009 19:56 GMT
    ... CAIRO — Saudi Arabia’s oil minister said on Saturday that current global ... roughly 35 per cent of the world’s crude, has held its quotas unchanged since last ... the world’s worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • Saudi Arabia hails 'perfect' oil price 5 Dec 2009 19:50 GMT
    ... Saudi Arabia says oil prices are 'perfect' and the global market ... above $US30 after a sharp decline in demand because of the global financial crisis. Oil ... October, prices jumped above $US80 before easing. Crude prices tumbled on Friday in volatile trade, ...

  • OPEC unlikely to change supply on Dec 22 - Gulf delegate 5 Dec 2009 17:40 GMT
    ... Droplets of oil fall from a pump after a station ... the global economy will recover and boost demand. The price is close to the $75 ... see growth, he added. Demand in top energy consumer the United States would grow a ...

  • 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 ... roughly 35 per cent of the world's crude, has held its quotas unchanged since last ... the world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • OPEC unlikely to change supply on Dec 22 -Gulf delegate 5 Dec 2009 17:05 GMT
    ... at a meeting later this month as oil prices are at a level reasonable for ... the global economy will recover and boost demand. The price is close to the $75 ... see growth, he added. Demand in top energy consumer the United States would grow a ...

  • 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, ... roughly 35 per cent of the world´s crude, has held its quotas unchanged since last ... the world´s worst recession in decades sapped demand for crude. The benchmark crude oil contract ...

  • 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 ... 30 dollars after a sharp decline in demand because of the global financial crisis. Oil ... prices jumped above 80 dollars before easing. Crude prices tumbled on Friday in volatile trade, ...

  • oil prices 'perfect' 5 Dec 2009 15:11 GMT
    ... 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 world's worst recession in decades sapped demand for crude. The benchmark crude oil contract ...


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