Tag Archive | "exporter"

Saudi Arabia will keep August Asia Crude Curbs Mostly Steady

Sunday, July 12, 2009

Saudi Arabia, the world’s top crude exporter, will keep curbs on contracted volumes of crude oil in August largely unchanged from July levels to two north Asian term purchasers. For full story, click here

Crude oil headed for $71.55 a barrel

Tuesday, May 5, 2009

Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.

Russia to support OPEC’s plans

Sunday, March 15, 2009

Russia, the world’s top independent exporter, came up with a list of measures to support oil prices, calling for lower output from all producers as part of the plan. Deputy Prime Minister Igor Sechin, stated: We are monitoring OPEC’s work and our companies will also participate in a cut. For full story, click here

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