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OPEC & Saudi Arabia

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  1. Duluth News Tribune logo
    Jobs report sends oil to lowest price in six months
    Duluth News Tribune 2 weeks ago

    Growing supplies: Saudi Arabia and other OPEC members are pumping more oil. Full Article at Duluth News Tribune

  2. Opec pumping hard to bring oil price down
    Firstpost 3 weeks ago

    Badri again identified $100 as a comfortable price-a level endorsed by top OPEC producer Saudi Arabia in January-and... Full Article at Firstpost

  3. Economic Times logo
    OPEC output hits highest since 2008: Survey
    Economic Times 3 weeks ago

    LONDON: OPEC output in April has hit its highest since 2008 as extra crude from Iraq, Saudi Arabia and Libya more... Full Article at Economic Times

  4. Reuters Mobile logo
    NYMEX-Crude slips in thin trade after weak US data
    Reuters Mobile 3 weeks ago

    Fed chief Ben Bernanke said the central bank stood ready to move to support the economy if it faltered. T Full Article at Reuters Mobile

  5. BMI: Saudi Arabia Oil and Gas Report (Mar-12)
    Zawya.com 3 weeks ago

    Abstract : As OPEC’s price enforcer and holder of most of the cartel’s spare oil production capacity, we expect... Full Article at Zawya.com

Quotes mentioning OPEC and Saudi Arabia

  1. Rising supply to meet expected demand growth should come primarily from OPEC, where output is projected to rise by nearly 12 [million barrels per day]. The largest increments of new OPEC supply will come from [natural gas liquids] as well as conventional crude in Iraq and Saudi Arabia.
    SOURCE: Seeking Alpha 4 weeks ago
  2. Saudi Arabia earned the largest share of these earnings, $312 billion, representing 30 percent of total OPEC revenues
    SOURCE: Bloomberg.com 1 month ago
  3. To deal with these extra constraints European refiners turned to OPEC members Saudi Arabia, Nigeria, Iraq and Angola to fill the gap by increasing supplies of many crudes already widely used within the region
    SOURCE: Bloomberg.com 2 months ago
  4. This is a fair price to consumers and producers. But, really, Saudi Arabia and OPEC has limited control on world markets ... Prices are driven by other factors: Instability in key oil producing countries; industry struggles to produce specialized gasoline; and the resulting strains on refineries to meet...
    SOURCE: Zero Hedge 2 months ago
  5. Saudi Arabia has another candidate, but it has never needed the position as it has the upper hand anyway because it is the largest producer, so at the end the secretary-general will be chosen by consensus because this is the way things are done in OPEC
    SOURCE: Bloomberg.com 2 months ago
  6. So from the perspective of this debate, the Republicans want to keep the oil tax breaks at $4 billion a year on the books for oil companies even though they made $137 billion last year and put an infinity sign next to what the oil companies are going to make this year, but those tax breaks stay on the b...
    SOURCE: Washington Times Blogs 2 months ago
  7. What I see at this moment is there are huge stocks in the United States and what I do see is OPEC, especially Saudi Arabia, bringing more oil into the market
    SOURCE: Reuters 2 months ago
  8. calls by other OPEC members, including Iran, Iraq and Venezuela, for Saudi Arabia to rein in supplies now that Libyan output has restarted may be premature ... The group's output is still running 300,000 barrels a day below pre-Libyan crisis levels of 30.5 million barrels a day.
    SOURCE: Wall Street Journal 7 months ago
  9. Had not a number of OPEC members, including Kuwait and Saudi Arabia, increased their oil production, prices would have jumped way above the current level
    SOURCE: Khaleej Times 8 months ago

Quotes by OPEC about Saudi Arabia

Quotes by Saudi Arabia about OPEC

Connected Photos

Photos of OPEC

  1. OPEC General Secretary General, Abdullah El-Badri (R) talks with French oil company Total CEO Christophe de Margerie...
  2. OPEC General Secretary General, Abdullah El-Badri attends the 13th International Oil Summit on May 3, 2012 at the...
  3. OPEC General Secretary General, Abdullah El-Badri and International Energy Agency (IEA) Executive Director, Maria...
  4. OPEC General Secretary General, Abdullah El-Badri listens as International Energy Agency (IEA) Executive Director,...
  5. Iranian Oil Minister Rostam Qassemi, smiles to the media at the start of his press conference in Tehran, Iran,...
  6. Iran's Oil Minister Rostam Qasemi speaks during a press conference in Tehran on February 4, 2012. Qasemi said that...
  7. Bristish Prime Minister David Cameron meets Saudi Arabia's Prince Nayef bin Abdul Aziz al-Saud (R) in Riyadh on...
  8. Iraqi Minister of Oil Abdul-Kareem Luaibi Bahedh attends the opening session of the 160th meeting of the...
  9. Quatari Minister of Energy and Industry Mohammed Biin Saleh Al-Sada attends the opening session of the 160th...

Photos of Saudi Arabia

  1. Saudi Foreign Minister Prince Saud Al Faisal laughs during a press conference after the third ministerial meeting of...
  2. Saudi Foreign Minister Prince Saud Al Faisal, right, speaks as Yemen Foreign Minister Abu Bakr al-Qirbi looks on...
  3. Saudi Foreign Minister Prince Saud Al Faisal, center, speaks as Britain's Alistair Burt, Foreign Office Minister for...
  4. Yemeni Prime Minister Mohammed Salem Basindwa, third right, and Saudi Foreign Minister Prince Saud Al Faisal, seond...
  5. Minister State for the Middle East in the British Foreign office Alistair Burt, talks to reporters during a press...
  6. Yemeni Foreign Minister Abubakr al-Qirbi (L) talks to reporters as his Saudi counterpart Prince Saud al-Faisal looks...
  7. Saudi Foreign Minister Prince Saud al-Faisal speaks to the media during a press conference held after the end of the...
  8. Delegates attend the third ministerial meeting of the friends of Yemen in the capital Riyadh, Saudi Arabia,...
  9. Jeffrey Feltman, assistant secretary of State for Near Eastern Affairs and top U.S. diplomat for the Middle East...