OPEC ministers decide to cut production by 1.5M barrels per day. Insight on the decision with Saudi Oil minister Al-Naimi and CNBC’s Melissa Francis More here…….

Saudi oil ministers say the market will determine the price of crude, reports CNBC’s Melissa Francis More here…….

Saudi Arabia hosting energy summit
(NECN) - Saudi Arabia is hosting an energy summit on Sunday to listen to concerns over sky-rocketing oil prices. The Saudi oil minister says the kingdom is willing to produce more…

Oil hovered around $133 per barrel as investors waited to see if Saudi Arabia’s promise more oil will impact the record prices. - * Food inflation boosts Sainsbury profits *… More here…….

IN THE PAPERS “New forces fraying U.S.-Saudi oil ties” - Rafael Nadal’s victory at the French Open tennis championship made Spanish headlines - Crossing fingers for the French… More here…….

Zamil spends $20mil to double its Vietnam steel production (Vietnam Net)
Zamil Industries set to spend US$20 million to increase capacity in Vietnam to 100,000 tons a year from 50,000 tons in a bid to tap Asian demand for the construction material.

Zamil Industrial Zamil Industrial , an international manufacturing and fabrication group, announced the launch of a new 50:50 joint venture with Hudson Products Corporation - through its affiliate Hudson Products Middle East LLC, a world leading More Saudi news .

Growing inflationary pressures in Saudi Arabia - GulfNews

Turkish Press

Growing inflationary pressures in Saudi Arabia GulfNews, United Arab Emirates - 5 hours ago One such factor relates to the consequences of growing oil prices. Saudi Arabia is the largest oil exporter in the world. It produces around nine million … They’ve got us over a $120 oil barrel Times Online Oil Price May Go Up to $250, Warn Experts Arab News Can Saudi Arabia Boost Oil Production? theTrumpet.com Lawrence Journal World - Reuters South Africa all 23 news articles

GLENWOOD SPRINGS — U.S. Sen. Wayne Allard (R-Colo.) has joined several other Republican lawmakers to introduce energy legislation that would increase domestic energy production by removing barriers to oil shale leasing in the western United States More Saudi news .

CCS Technology to Energize Ties - Arab News

Arab News

CCS Technology to Energize Ties Arab News, Saudi Arabia - 1 hour ago Saudi Arabia is currently the world’s largest crude producer, and Norway is the world’s third largest producer of natural gas and the fifth largest producer …

Local media reports say a governor in northern Saudi Arabia has ordered authorities to punish men who flirt with women in public places by cutting their hair. More here…….

Gulf Petroleum gets Malaysia’s nod for multibillion-dollar oil project - MSN UK News
Qatar-based Gulf Petroleum Ltd. says it has secured the Malaysian government’s approval to build a US$5 billion (euro3 billion) oil and gas complex project. Gulf Petroleum says the project’s development will start as soon as possible after resolving

Yemenis set on fire in Saudi Arabia for News Yemen, Yemen - 7 hours ago “Saudi authorities have poured oil on them and set them on fire without any mercy", said the source. Official news agency, Saba, reported on Sunday that … Saudi security burn Yemenis at border Yemen News Agency all 2 news articles

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Powerful Stocks Bull Market As US Hyper Power Prepares for Global … The Market Oracle, UK - 5 hours ago Should the masses rise up and overthrow their feudal overlords in Saudi Arabia, then it may become necessary to invade that country too. …

More here…….

Questions surround price, availability of oil in NZ Stuff.co.nz, New Zealand - 6 hours ago New Zealanders should not feel too gloomy about rising demand and prices for oil. We may not exactly be the Saudi Arabia of the South Pacific yet, …

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