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Africa Oil Prices News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Africa Oil & Gas.
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Latest Africa Oil Prices News

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  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... downturn challenges. "Everything is so good... The price is perfect and all investors, consumers, producers ...

  • The high cost of bringing the biggest boats to port 6 Dec 2009 01:28 GMT
    ... pilots would lead to competition based on price instead of safety, they say. Harbor pilots hold ... of three vessels spilled 330,000 gallons of oil and 32,000 gallons of jet fuel into Tampa Bay, fouling Pinellas beaches. A ...

  • 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 stable. ... took the measure to support flagging oil prices, which slumped from historical highs above 147 ...

  • OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
    ... it meets this month to decide its oil output policy as it needs to balance ... said on Thursday. The Organization of the Petroleum Exporting Countries, which pumps more than a ... difficult to gauge. We continue to see price volatility, which makes it difficult to judge ...

  • New Zealand - A very important speech by farm boss Don nicolson 6 Dec 2009 00:31 GMT
    ... its infancy, yet the skills developed for oil and gas exploration are being applied. New Zealand has ... unforgiving waters so exploration will rely upon prices rising to make the cost justifiable. The ... the suppliers. I ask you, where’s the price premium? • Biosecurity – There has been ...

  • Gold is not luring Warren Buffett 6 Dec 2009 01:52 GMT
    ... he’s bought into Exxon Mobil Corp., the oil and gas producer, and continues to hold shares in ... that have the ability to pass on price increases. A company can have pricing power if it controls a scarce resource ...

  • oil prices 'perfect' 5 Dec 2009 10:56 GMT
    ... Saudi oil minister calls current global oil prices of ... Ministerial Conference of the Organisation of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt, Saturday, ... Saudi oil minister says current global oil price is 'perfect' and the market is stable. ...

  • 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 ... Ministerial Conference of the Organization of Arab Petroleum Exporting Countries (OAPEC), in Cairo, Egypt. (THE ... million barrels per day in cuts. "The price is perfect," Saudi Oil Minister Ali Naimi, ...

  • 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 ... 22 conference. "Inventories are coming down, the price is perfect and all investors, consumers, producers ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ...

  • Saudi Arabia hails 'perfect' oil price 5 Dec 2009 19:50 GMT
    ... Saudi Arabia says oil prices are 'perfect' and the global market ... 22 conference. 'Inventories are coming down, the price is perfect and all investors, consumers, producers ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ...

  • Saudi oil minister: Oil price 'perfect' 5 Dec 2009 10:34 GMT
    ... TAREK EL-TABLAWY (AP) CAIRO - Saudi Arabia's oil minister said current global oil prices are ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... million barrels per day in cuts. "The price is perfect," Saudi oil minister Ali Naimi, ...

  • Saudi oil minister: oil prices 'perfect' 5 Dec 2009 10:10 GMT
    ... CAIRO (AP) -- Saudi Arabia's oil minister said current global oil prices are ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... million barrels per day in cuts. "The price is perfect," Saudi oil minister Ali Naimi, ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel 'perfect' 5 Dec 2009 10:32 GMT
    ... CAIRO (AP) — Saudi Arabia's oil minister said current global oil prices are ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... million barrels per day in cuts. "The price is perfect," Saudi oil minister Ali Naimi, ...

  • Oil Prices 'Perfect,' Saudi Oil Minister Says 5 Dec 2009 11:17 GMT
    ... minister said current global oil prices are ''perfect,'' as several key members ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... million barrels per day in cuts. ''The price is perfect,'' Saudi oil minister Ali Naimi, ...

  • Saudi oil minister calls current global oil prices of around $75 a barrel 'perfect' 5 Dec 2009 10:40 GMT
    ... CAIRO (AP) - Saudi Arabia's oil minister said current global oil prices are ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... million barrels per day in cuts. "The price is perfect," Saudi oil minister Ali Naimi, ...


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