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2014, December, 9, 21:10:00

The main Saudi concern is to protect market share.

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2014, December, 6, 16:40:00

Saudi Arabia, the world’s largest oil exporter, deepened the discount at which it sells crude to Asia and the U.S., underscoring for some market watchers the kingdom’s commitment to defending its market share amid the recent rout in oil prices.

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2014, December, 6, 16:20:00

OIL PRICES DOWN

Oil prices slid to the lowest point in more than five years Friday as worries about a global glut of oil continued to weigh on the market.

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2014, December, 3, 21:25:00

SAUDI OIL POLICY

After OPEC’s announcement last week that it would not be cutting production, oil prices fell dramatically.

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2014, November, 30, 13:35:00

OIL PRICES: MIDEAST PANIC

Gulf stock markets plunged on Sunday after OPEC's decision to keep crude output unchanged sent oil prices tumbling at the end of last week.

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2014, November, 29, 21:00:00

CLEANING THE U.S. OIL MARKET - 2

With a sustained price drop to $60 a barrel, North American shale drilling would be especially challenged in emerging fields such as some in Ohio and Louisiana, where costs are at the highest early in development, according to Citigroup and ITG.

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2014, November, 29, 20:55:00

CLEANING THE U.S. OIL MARKET

Saudi Arabia and its OPEC allies’ firm stand against cutting crude output to slow the plunge in oil prices has set the energy world on a painful course that will leave the weakest behind, from governments to U.S. wildcatters.

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2014, November, 29, 20:40:00

FAILING OIL PRICES

Shares in the world’s biggest energy groups have tumbled in a market rout as plunging oil prices put at risk billions of dollars of investment and jeopardised future supplies of crude.

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