September 2009 Archive

Saudi Arabia Naimi says oil price is satisfactory

The global crude oil market is in good shape with prices between $68 and $73 a barrel satisfactory for both consumers and producers, Saudi Arabian Oil Minister Ali al-Naimi told ...

Oil price flat as demand wanes

Oil prices were little changed and remained flat, trading around $US68 a barrel as the US driving season wound down and the profit margin for turning crude into gasoline declined, ...

Oil Prices