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Saudi Arabia Oil 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 Market News

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  • WEEKAHEAD-The view from Reuters editors in the Americas 7 Nov 2009 02:50 GMT
    ... WEEKAHEAD-The view from Reuters editors in the Americas ... the globe for signs they could join Saudi Arabia in pricing crude sold to the ... prices closer to fundamentals? ENERGY MARKETS - Oil markets continue to weigh economic indicators that could ...

  • Do Saudis have the clout to destroy NYMEX? 1 Nov 2009 18:20 GMT
    ... Saudi Arabia exports around 1.5m barrels per day ... all make an immediate difference. But all oil market observers will wait to see whether the Saudis ...

  • Global oil yardsticks shaken by Saudis 3 Nov 2009 03:31 GMT
    ... traded globally. Petroleum Intelligence Weekly's International Crude Oil Market Handbook , a traders' bible, lists almost 200 ... of Colombia. While WTI and Brent dominate, Saudi Arabia's decision last week to drop WTI ...

  • Saudi Arabia and the Price of Crude Oil 2 Nov 2009 18:35 GMT
    ... from over the weekend out of Saudi Arabia via The Telegraph. It appears that ... all make an immediate difference. But all oil market observers will wait to see whether the Saudis ...

  • Saudis Drop WTI Oil Contract - But Why? 1 Nov 2009 12:15 GMT
    ... Saudi Arabia on Wednesday decided to drop the ... you had such successful speculation in the oil market during the spring of 2008. I see a ...

  • Why did the Saudis abandon the NYMEX oil futures contracts? 1 Nov 2009 20:14 GMT
    ... West Texas Intermediate (WTI) contract. Now, suddenly, Saudi Arabia has decided to drop the WTI ... of $12.00 to Brent. This threw the oil market into disarray, angering the Saudis. This prompted the ...

  • Aramco takes war on speculators to whole new index 2 Nov 2009 13:31 GMT
    ... from the fundamentals of supply and demand, Saudi Aramco has decided it is time to ... Ali al Nuaimi, said he favoured tighter oil market regulation to curb speculation and reduce price volatility. ...

  • Dollar-led rally may not be sustainable for long 1 Nov 2009 00:52 GMT
    ... few months ago. But let’s be realistic. Oil markets have proven to be so volatile over ... about 6.7 million barrels a day, with Saudi Arabia accounting for 3.8 million barrels, or ... at Louis Capital Markets, a London-based brokerage. Oil market fundamentals are weak and prices may not ...

  • Society's Unsung Heroes 4 Nov 2009 22:14 GMT
    ... blow to the New York Mercantile Exchange, Saudi Arabia chose to drop the widely used ... the benchmark became separated from the global oil market this year. The surge in oil inventories in ...

  • Commentary: Oil & Money Conference'What the CEOs and VPs are Saying 2 Nov 2009 12:37 GMT
    ... Libya’s oil minister Shokri Ghanem and former Saudi Aramco VP Sadad al Husseini that world ... IEA, “certainly the issues there were the oil market, the gas security…but the most important and ...

  • NBK Weekly Money Market Report 2 Nov 2009 16:35 GMT
    ... energy, core inflation is at -1.0%. Global Saudi Arabia Drops Benchmarking to WTI Saudi Arabia ... certain extent separated from the global physical oil market. Starting January, Saudi Arabia will base the ...

  • Colombia's Ecopetrol says to keep using WTI index 5 Nov 2009 21:24 GMT
    ... in exceptional cases. ) remarks came after Saudi Arabia abandoned the WTI crude oil as ... is a step to realign the world oil market amid frustration with WTI, which has at times ...

  • Weakening dollar trend loses momentum this week -- NBK 1 Nov 2009 16:12 GMT
    ... target rate remains at 0.1 percent. Also, Saudi Arabia declared that it will no longer ... certain extent separated from the global physical oil market. Starting January, Saudi Arabia will base the ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... It was another volatile week with oil prices pushing $82 ... forces take a lower profile. Last week Saudi Aramco announced that it will abandon the ... becomes distorted in relation to the world oil markets. WTI is a premium crude and will ...

  • Mideast stocks - Factors to watch - Nov 1 1 Nov 2009 06:34 GMT
    ... has not verified the press reports and does not vouch for their accuracy. * COLUMN-Saudi move is bid to realign oil market: John Kemp SA-CRU] * Dubai Financial Market assists Yemen to set up new ...


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