Lulu opens new store in Al Fakhriyah, Dammam as it further strengthening its presence in Saudi Arabia New Lulu stores are set to open in Makkah and Madinah    Defending the Truth: Saudi Arabia and the 2034 World Cup    Culture minister visits Diriyah Art Futures    Survey: 60% will use Riyadh Metro to go for work or school    Saudi Arabia calls for enhanced international cooperation to address water sector challenges    GCC Preparatory Ministerial Meeting discusses developments in Gaza and Lebanon    Saudi Arabia hosts over 13 million foreign residents from 60 countries, says human rights official    RCRC Chief: Riyadh Metro, featuring environmental sustainability, will improve quality of life and revolutionize transportation    Al Taawoun seals AFC Champions League Two knockout spot with 2-1 win over Al Khaldiya    Israel to appeal against ICC warrants for Netanyahu and Gallant    Trump nominates Keith Kellogg as special envoy for Ukraine and Russia    Missing hiker found alive after more than five weeks in wilderness    Elon Musk publicizes names of government employees he wants to cut    Al-Jasser: Riyadh Metro to accommodate one million passengers daily    Israelis survey damage and mull return to north as ceasefire begins    Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Best-selling novelist Barbara Taylor Bradford dies    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    

Articles of the author $48 24 a barrel Crude's late
Wall Street Closing 2
session spike came after oilfield-services firm Baker Hughes reported the number of U.S. rigs in operation fell by another 94 last week. The Dow Jones industrial average fell 250.75, or 1.4 percent, to 17,166.10. Visa was the only component in the (...)

31 - 01 - 2015
President of Saudi Aramco: Oil Industry Poised to Entre New Golden Age 2 Dammam
per-day crude oil project as an example, he explained that staying the course on investments is imperative for long term success and not be undermined by short term vulnerabilities. With the typical project cycle being in the range of 10 to 15 (...)

06 - 12 - 2011
Red Sea Refining Company Holds First Board Meeting 2 DHAHRAN
class, full-conversion export refinery. The refinery will process Arabian Heavy crude oil to produce ultra-high-quality refined products to meet the most stringent global product specifications. As a full-conversion refinery, it will maximize the (...)

28 - 12 - 2010
Saudi Arabia Plays Important Role in Stability of World Oil Markets: Al-Naimi 10 Houston
year when we bring the Khurais mega-project of 1.2 million barrels per day on stream, which is significantly higher than our stated policy. Maintaining our spare capacity requires considerable investment, but over the years the value of that cushion (...)

11 - 02 - 2009
Crude oil prices 2 Vienna
time peak of US$70.85 a barrel hit Aug. 30, but is still almost 50 percent higher than a year ago. Gasoline rose by nearly a cent to US$2.0430 a gallon (3.8 liters). Heating oil moved up by nearly two cents to US$1.9390 a gallon, while natural (...)

07 - 09 - 2005
Despite OPEC Increase, Oil Prices Jump as U.S. Supplies Shrink 2 Washington
per-day increase if prices stay high. President George W. Bush, speaking at an energy conference in Washington today, said the country needs to make further gains in energy efficiency and to produce and refine more oil at home so that it can make (...)

14 - 06 - 2005
Saudi-U.S. Ties is one of mutually beneficial interdependence, says Jumah 2 Houston
range view in our reservoir management strategies in order to maximize the ultimate recovery from our fields," he said. Jum'ah pointed to Saudi Aramco's extensive production, processing and transportation infrastructure, which the company is (...)

16 - 05 - 2005
U.S. stocks fall; crude jumps $2 a barrel 2 NEW YORK
than-expected demand growth. On Nasdaq, chip maker Intel Corp. climbed 0.5 percent to $23.92 and Cisco Systems Inc., whose equipment helps direct Internet traffic, rose 0.7 percent to $17.42 after Smith Barney added the companies to its focus (...)

10 - 02 - 2005
European stocks end higher 3 PARIS
picture economic news, such as U.S. non-farm payrolls on Friday, and an interest-rate decision from the Federal Reserve, were expected to be a major shaper of stock market sentiment going forward. "With the Iraq polls out of the way, the markets (...)

14 - 01 - 2005
Yukos Unit 2 Moscow
friendly buyer at a price below its value. The statement comes just over a year after Yukos founder Mikhail Khodorkovsky was arrested on charges including fraud and tax evasion. His trial and the mounting tax claims against Yukos are widely (...)

18 - 11 - 2004
Oil down $2 as speculators bet on Kerry win 2 London
guzzling sport utility vehicles. The senator backs a 10-year, $30 billion energy package that includes $10 billion to build cleaner coal-fired power plants and $10 billion to help U.S. auto makers retool to build more fuel-efficient cars. Traders (...)

18 - 10 - 2004
Oil at $50 again as Nigeria worries persist 2 LONDON
ago levels. "Although the crude stock rise in itself was bearish, other components of the report were not," said Edward Meir of Man Energy. "For example, refinery utilization did not rise hand it hand with inventories, suggesting that the crude (...)

11 - 08 - 2004
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