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Saudi Arabia Oil & Gas Market 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 Market News

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  • Risk's Not As Scary A Word In Oil Market 3 Dec 2009 21:04 GMT
    ... When the oil market is primed to rally, a threat to supplies-even ... of 1.5 million barrels a day. Meanwhile, Saudi Arabia and other producers can ramp up ...

  • Oil market rattled by Dubai 30 Nov 2009 16:01 GMT
    ... wrote in a research note. Last Friday’s oil market stumble could be interpreted as “an initial jerk ... that pirates had seized a tanker carrying Saudi oil to the US in waters about ...

  • Saudi hails perfect' price at Arab oil meeting 5 Dec 2009 13:18 GMT
    ... CAIRO - Top oil exporter Saudi Arabia on Saturday described the current oil ... of the global economic crisis on the oil market. The seven members of OAPEC that also ...

  • Saudi hails "perfect" price at Arab oil meeting 5 Dec 2009 13:32 GMT
    ... (OAPEC), attends the opening... Top oil exporter Saudi Arabia on Saturday described the current oil ... state of the world economy and the oil market's rebound from a low of just above ...

  • OPEC comfortable with $80 oil 4 Dec 2009 21:15 GMT
    ... raise production at its December 22 meeting, Saudi Oil Minister Ali AlNaimi said: “We still ... no need for Opec to surprise the oil market,” one Opec delegate said. More comments were ...

  • OPEC set for no change, oil price holds the key 4 Dec 2009 10:55 GMT
    ... no need for OPEC to surprise the oil market," one OPEC delegate told Reuters. More comments ... Petroleum Exporting Countries last met in September, Saudi Oil Minister Ali al-Naimi told reporters the ...

  • Opec Expected to Keep Prices Steady 4 Dec 2009 20:21 GMT
    ... no need for Opec to surprise the oil market,” one Opec delegate told Reuters. More comments ... Petroleum Exporting Countries last met in September, Saudi Oil Minister Ali Al Naimi told reporters ...

  • Islamic finance is growing at a phenomenal pace: Al-Jasser 30 Nov 2009 01:11 GMT
    ... Muhammed Al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), is the new ... vital role as swing producer in global oil market dynamics. At the "Bank Negara Malaysia High Level ...

  • OPEC to convene in Angola on December 22 4 Dec 2009 15:55 GMT
    ... it was still uneasy to gauge the oil market due to continuously fluctuating oil prices. The cartel, ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). The ...

  • Oil slides below $76; eyes dollar, equities 4 Dec 2009 17:47 GMT
    ... in Stamford, Connecticut. "In any case, the oil market is looking at the dollar and its movement ... the current band of $70-$80 is satisfactory, Saudi Arabian Oil Minister Ali al-Naimi told reporters ...

  • Oil above $77 on surprising US jobs data 4 Dec 2009 18:32 GMT
    ... high unemployment rate tempered bullishness in the oil market, he added. The U.S. economy has come ... the current band of $70-$80 is satisfactory, Saudi Arabian Oil Minister Ali al-Naimi told reporters ...

  • Oil falls $1 on stronger dollar 4 Dec 2009 19:22 GMT
    ... in Stamford, Connecticut. "In any case, the oil market is looking at the dollar and its movement ... the current band of $70-$80 is satisfactory, Saudi Arabian Oil Minister Ali al-Naimi told reporters ...

  • Oil falls more than $1 on stronger dollar 4 Dec 2009 20:11 GMT
    ... in Stamford, Connecticut. "In any case, the oil market is looking at the dollar and its movement ... the current band of $70-$80 is satisfactory, Saudi Arabian Oil Minister Ali al-Naimi told reporters ...

  • OAPEC''s ministerial meeting to take place at crucial moment - Fahmy 3 Dec 2009 19:18 GMT
    ... place at a crucial moment as the oil market is struggling against the impacts of the global ... January 9, 1968, by Kuwait, Libya and Saudi Arabia, the Kuwait-based OAPEC expanded its membership ...

  • Iran Crying Wolf? 1 Dec 2009 20:15 GMT
    ... - to make any waves in the oil market. January crude trades at $78.94/bbl, up $1.66, ... Iran right now,” says Mueller, noting that Saudi Arabia alone could quickly ramp up production ...


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