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Saudi Arabia Oil Prices 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 Prices News

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  • Awash in fossil fuels 21 Nov 2009 02:31 GMT
    ... center of finance? Or perhaps Titusville, Pa. Oil seeping from the ground there was collected ... the world had 13 years' worth of petroleum reserves. Then a global war was fought, ... last year were not economic with the price of oil under $90 a barrel are ...

  • George F. Will: Fossil fuels belie environmentalism 21 Nov 2009 02:37 GMT
    ... center of finance? Or perhaps Titusville, Pa. Oil seeping from the ground there was collected ... the world had 13 years' worth of petroleum reserves. Then a global war was fought, ... last year were not economic with the price of oil under $90 a barrel are ...

  • The truth about oil 21 Nov 2009 00:41 GMT
    ... Crude World: The Violent Twilight of Oil WE live in a world that is ... is a scarcity of a sought-after commodity, price goes up. But in Equatorial Guinea, that ... contaminants, when infused with the smell of petroleum, creates a heavy odor, which is made ...

  • Oil's expanding frontiers 21 Nov 2009 08:15 GMT
    ... Oil seeping from the ground there was collected ... the world had 13 years worth of petroleum reserves. Then a global war was fought ... last year were not economic with the price of oil under $90 a barrel are ...

  • NYMEX-Crude down on strong dollar, weak equities 20 Nov 2009 18:12 GMT
    ... NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures pared some losses at midday Friday, but ... stronger dollar and a drop in stock prices. To rally, we'd need to see more ...

  • NYMEX-Crude ends off as dollar spikes, Wall St dips 20 Nov 2009 21:12 GMT
    ... NEW YORK, Nov 20 (Reuters) - U.S. crude oil futures ended lower on Friday, dragged down by ... stronger dollar and a drop in stock prices," said Gene McGillian, an analyst at Tradition ...

  • CME to launch Mars crude contracts in December 20 Nov 2009 21:01 GMT
    ... said. "This new physically delivered sour crude oil contract will provide a valuable hedging tool for ... tool for managing the "sweet-sour" crude oil price risk," CME said. CME's NYMEX exchange has tried ... the world's top oil exporter, will begin pricing its U.S.-bound crude exports crude against an ...

  • Saudi Set for Asia Crude Benchmark 20 Nov 2009 19:58 GMT
    ... adopt the Dubai Mercantile Exchange’s Oman crude oil futures contract as its benchmark one day, ... will eventually abandon the Dubai/Oman crude assessment price as its basis for Asian exports is ... this month at the annual Asia Pacific Petroleum Conference, or APPEC, as well as during ...

  • Gulf monetary union well on track: Saudi 20 Nov 2009 21:18 GMT
    ... bank of Saudi Arabia, the world’s biggest oil producer, is “very comfortable” with the level of ... again as the dollar retreats and oil prices recover, helping economies in the world’s top ... barrel over the last month. “The oil price will stay around $70 to $80 (per ...

  • Peak Oil Files: Why Is Saudi Aramco Building Supercomputers? 20 Nov 2009 02:56 GMT
    ... Saudi Aramco pumps about 10 million barrels of oil a day, about four times as much as ... pump has an enormous impact on oil prices – and therefore the global economy. So, ...

  • Deregulation As a National Albatross [analysis] 20 Nov 2009 09:18 GMT
    ... incidences of widespread insecurity, ailments of the oil industry, completely dilapidated Federal roads, which have ... various grains; numerous solid minerals and abundant petroleum and natural gas resources for the welfare ... the products continue to be sold at prices regulated by government. The problems confronting the ...

  • Gulf states set for full financial recovery in 2010 20 Nov 2009 01:56 GMT
    ... a net increase in petrodollars from high prices and an increase in their output. Oil prices could average nearly $72 a barrel in ... few months, and a modest recovery in nonfuel commodity prices, would add limited inflationary pressures ...

  • Dollar peg has served Gulf states well, says Lipsky 20 Nov 2009 21:18 GMT
    ... well.” Inflation rates in Gulf Arab states have been falling from record highs as oil prices plummeted from a July peak last year of $147.27 a barrel and the dollar strengthened, making imports cheaper for countries with dollar pegs, such as ...

  • Friday's Watchlist!! BRGO 'Bergio Signs Letter of Intent to Acquire Famous Italian Designer Mario Panelli 'Sign Up for Our free Newsletter!! 20 Nov 2009 18:59 GMT
    ... acquire the Company for a liquidated inventory cost of $1,250,000 in cash. "Bergio is very ... Strategic Agreement to Deploy Wireless Broadband to Oil-and-Gas-Rich North Central Arkansas Company Adds 3,000 Square ... offered in an underwritten offering at a price per share to be determined, through Ladenburg ...

  • UPDATE 1-UAE may see up to 3 pct growth in 2010 -econmin 20 Nov 2009 14:35 GMT
    ... high state spending and a turnaround in oil prices are helping the world's top oil-producing region get ... in the year of an oil and property-fuelled boom, has dropped sharply in the world's ...


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