Go Symbol Lookup
Loading...

Saudi Arabia

More

  • As US Oil Booms, Saudis Seek Toehold in Market Friday, 5 Apr 2013 | 9:21 AM ET
    Heat rises from stacks at the Chevron refinery in Richmond, California.

    The Saudi's investment in a Texas refinery's expansion is meant to ensure that it will retain an important market for its crude in the United States at a time when American politicians intend to wean the country off imported oil, The New York Times reports.

  • *Companies traditionally rely on bank loans. *Riyal sukuk issuance more than doubled last year- HSBC. DUBAI, April 4- After years in which the growth of Saudi Arabia's bond market lagged its economy, the market is taking off as local companies rush to issue debt- though low returns are keeping foreign investors on the sidelines.

  • LONDON, April 4- Stronger manufacturing and services output in China helped lift emerging market business confidence in March, masking slower growth in Brazil, Russia and India, a monthly purchasing managers' survey showed.

  • DUBAI/ KHOBAR, April 3- Saudi Arabia is unlikely to produce much shale gas this decade, hampered by scarce water and prices fixed far below production costs, but it has the reserves, the desire and the potential to become a shale giant one day.

  • TYUMEN, Russia, April 3- Forty-five years after its accidental discovery deep under the swamps of West Siberia, the race is now on to develop the world's largest shale oil resource, Russia's Bazhenov.

  • UPDATE 5-Oil slides below $111, economic outlook drags Tuesday, 2 Apr 2013 | 10:25 AM ET

    *Economic outlook for U.S./ Europe worries. LONDON, April 2- Ample supplies and concerns over the pace of U.S. economic recovery and a wobbly euro zone economy outweighed the prospect of stronger demand in Asia to pull oil below $111 a barrel on Tuesday. Brent slid 21 cents to $110.67 a barrel by 1424 GMT.

  • LONDON, April 2- Oil edged further above $111 a barrel on Tuesday as the prospect of stronger demand in Asia outweighed concern over the pace of economic recovery in top consumer the United States.

  • SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.

  • *Economic outlook for U.S./ Europe fuels demand worries. NEW YORK, April 2- Oil prices fell in choppy trading on Tuesday as sufficient supply and concerns over the pace of U.S. economic growth and the euro zone economy offset any support from the prospect of stronger demand in Asia.

  • *But refinery capacity expansion boosts China oil appetite. SINGAPORE, April 2- Brent crude steadied under $111 a barrel on Tuesday, supported by prospects of stronger appetite in Asia but hurt by concerns over the pace of economic recovery in top consumer the United States.

  • *Saudi Arabia predicts robust demand from Asia. NEW YORK, April 1- Brent crude rose above $111 a barrel in choppy trading on Monday as Saudi Arabia predicted robust demand from Asia, while U.S. crude prices fell as a pipeline leak in Arkansas threatened to increase the glut of oil in the U.S.

  • How US Boom Could Rattle Global Order Monday, 1 Apr 2013 | 11:28 AM ET

    A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.

  • DOHA, April 1- Demand for Saudi crude is likely to rise over the next few months, Saudi oil minister Ali Al-Naimi said on Monday, in a sign that the world's largest oil exporter sees a recovery in its biggest export market, Asia.

  • DOHA, April 1- Demand for Saudi crude is likely to rise over the next few months, Saudi oil minister Ali Al-Naimi told Reuters on Monday, in a sign the world's largest oil exporter sees a recovery of demand in Asia, its biggest export market.

  • No gas, please: Australia shale hunters focus on oil Sunday, 31 Mar 2013 | 5:00 PM ET

    PERTH, April 1- Shale prospectors in Australia's vast Outback are homing in on oil as the lucrative prize that is easier and cheaper to exploit than gas.

  • Canada defends leaving UN convention on droughts Friday, 29 Mar 2013 | 10:42 AM ET

    OTTAWA, Ontario-- Canada defended its decision to pull out of a United Nations convention that fights the spread of droughts just a month before a major gathering would have forced the country to confront scientific analysis on the effects of climate change. Canada is the only country in the world outside the agreement.

  • *Total and Suncor re-evaluating Fort Hills, Joslyn projects.

  • OPEC oil output falls to lowest since late 2011-survey Thursday, 28 Mar 2013 | 11:24 AM ET

    LONDON, March 28- OPEC crude oil output is on course to reach its lowest since October 2011 this month as unrest in Libya, pipeline leaks in Nigeria and Iraqi export disruptions weigh on supplies, a Reuters survey found on Thursday.

  • *Third-quarter EPS 81 cents vs 64 cents year earlier. Shares of the Plymouth, Minnesota- based company, which has a market value of about $25 billion, rose 1.1 percent to $59.30 in early trading on the New York Stock Exchange.

  • UPDATE 3-Mosaic notches bigger profit, eyes share buyback Thursday, 28 Mar 2013 | 12:46 AM ET

    *Third-quarter EPS 81 cents vs 64 cents year earlier. March 28- U.S. fertilizer producer Mosaic Co reported a 26 percent rise in third-quarter profit, driven by higher potash and phosphate volumes and said it wants to buy back shares later this year, lifting its stock 1.3 percent on Thursday.