All publications by tag «SAUDI»
2014, October, 25, 00:00:00
SAUDI PLAYING VS
Oil prices have fallen by over 20% in the last couple of months. Brent is currently trading $30 below its summer spike to $115 per barrel and many are left wondering what the Saudis are playing at.
2014, October, 15, 22:20:00
OPEC: SWING PRODUCER
OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.
2014, October, 15, 22:15:00
SAUDI: GLOBAL PRICE WAR
Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.
2014, October, 14, 20:48:00
KUWAIT & SAUDI WON’T REDUCE: $76/BBL
Two of OPEC’s biggest members say they won’t immediately reduce oil production to offset tumbling prices, a signal the group is unlikely to heed Venezuelan calls for an emergency meeting.
2014, October, 2, 19:30:00
ASIA: OIL CHOICE
Asia is getting a greater choice of crude from Alaska North Slope to Venezuela’s Carabobo and Iraqi Basrah Light as the U.S. shale boom cuts American demand for overseas oil.
2014, September, 30, 20:55:00
US BECOMES LARGEST
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector.
2014, September, 30, 20:34:00
BRENT IS DOWN 13%
There was a time when headlines about jets bombing Middle Eastern refineries would have sent oil prices soaring.
2014, September, 25, 21:20:00
UAE: OPEC OIL TARGET
The United Arab Emirates is in no hurry to see OPEC cut its oil output target this year despite the sharp drop of global crude prices in the last few months, senior UAE energy officials indicated on Tuesday.
2014, September, 19, 18:05:00
SAUDI: OIL PRICES DOWN
MARKETS: BoA says Saudi Arabia could be pushing for sustained weak crude oil prices
