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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

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  • MARKET WATCH: Inventory reports undermine oil, gas prices 3 Dec 2009 19:31 GMT
    ... reports of an unexpected build in US oil inventories. The front-month crude contract “could retest ... New Orleans. However, they said, “New incremental demand for crude and related products will come ... week ended Nov. 27. That increased working gas in storage to 3.837 tcf, up 470 ...

  • Losing Our Golden Egg: N.M.'s Oil, Gas Revenues Shrinking Due To Tougher Regulations, Supply Glut 29 Nov 2009 21:11 GMT
    ... decline in New Mexico into 2014. and gas industry's contribution to the state's general fund ... reap what you sow." The New Mexico Oil and Gas Association and the state Oil ... in the room is the supply and demand situation," said Tom Mullins, a principal of ...

  • OPEC unlikely to alter crude oil output levels 6 Dec 2009 07:54 GMT
    ... Associated Press CAIRO — Saudi Arabia’s oil minister said Saturday that current global oil ... supplies roughly 35 percent 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 6 Dec 2009 06:18 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, ...

  • Saudi minister says oil prices 'perfect' 6 Dec 2009 09:48 GMT
    ... CAIRO: Saudi Arabia's oil minister said current global oil prices are ... supplies roughly 35 percent 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 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 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 ... 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 ...

  • 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 ...

  • Arab OPEC members agree to maintain production 6 Dec 2009 03:52 GMT
    ... support for maintaining production quotas, saying the oil price is satisfactory and the market is ... 30 dollars after a sharp decline in demand due to the global financial crisis. Oil ... above 80 dollars a barrel before easing. Crude prices tumbled Friday in volatile trade, succumbing ...

  • Saudi oil minister sees no change at OPEC meet 6 Dec 2009 08:42 GMT
    ... its ministers meet later this month as oil prices are at the desired levels, Saudi ... 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 ...

  • Oil prices 'perfect,' Saudi minister says 6 Dec 2009 09:51 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 ...

  • 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 ... 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 Expected to Keep Prices Steady 4 Dec 2009 20:21 GMT
    ... of stable production policy and of robust 
oil prices. Oil inventories are brimming and any recovery in demand is expected to be slow, but international ... of a global drift away from fossil fuels and the Dubai debt crisis, right at ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:40 GMT
    ... An Egyptian bodyguard secures Saudi Oil Minister Ali Al Naimi as he is ... supplies roughly 35 percent 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 ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of ... supplies roughly 35 percent 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 ...


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