Tag Archives: Ali Al-Naimi

Saudis Hike Oil Prices for Asia / Sputnik International

http://sputniknews.com/business/20150304/1019049017.html State-owned oil giant Saudi Aramco has told Asian buyers that prices of Arab Light for April delivery will rise by $1.40 US per barrel, while prices for US buyers will go up by $1 per barrel; the price hikes are far larger than the … Continue reading

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RT: ‘OPEC decision will undermine global oil industry’

Published time: November 28, 2014 14:02 A general view shows the166th ordinary meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria on November 27, 2014. (AFP Photo/Samuel Kubani) OPEC`s decision not to reduce … Continue reading

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15 Countries Sitting On Gigantic Oceans Of Oil

Mamta Badkar Source: Business Insider May 11, 2012, 10:52 AM   Oil prices have experienced volatility following concerns of a supply shock in Iran.  In the long run, some political gurus warn that the risk of instability in Iraq could keep oil … Continue reading

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