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.



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