Saudis to meet Opec vow with big supply hike to Asia

By Pete Southern in Gold and Oil News | October 12, 2007 8:00 |

Saudis to meet Opec vow with big supply hike to Asia
Tokyo, Singapore: Saudi Arabia told major Asian refiners yesterday it will raise their crude sales by a tenth in November, more than expected as it meets the lion’s share of Opec’s pledge to boost output, industry sources said. The recovery in shipments
Source: c.moreover.com

Oil prices dip, hold above US$83 after U.S. crude oil inventory decline
Text Size : Oil prices dipped Friday in Asia after an unexpected decline in U.S. crude oil inventories pushed crude futures back above US$83 a barrel. Prices were also supported overnight by an International Energy Agency report concluding oil
Source: c.moreover.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



Most Popular Content

Currency Articles - Nov 3, 2024 13:35 - 0 Comments

Pressure Mounts on the British Pound Following Autumn Budget

More In Currency Articles


Gold and Oil News - Apr 5, 2025 15:06 - 0 Comments

Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries

More In Gold and Oil News


Gold and Oil News, Shares and Markets - Aug 4, 2024 8:48 - 0 Comments

US Stock Market Faces Turbulence and Mixed Commodity Reactions

More In Shares and Markets