All 6 lines of Riyadh Metro will be operational with rollout of Orange Line on Sunday    Civil Defense urges caution amid forecast of thunderstorms    Saudi Security forces arrest 19,541 illegals in a week    Jeddah airport sets new record with serving over 49 million passengers in 2024    Over 1700 suspects arrested in 2024 as Saudi Arabia continues war on corruption    Bloomberg: Saudi oil exports rise to highest level, reaching 6.33 million bpd, in 9 months    Biden administration approves $8 billion arms package for Israel    Damascus International Airport to resume international flights after over a decade    Israeli airstrikes kill at least 30 Palestinians, leave 14 missing in Gaza    Russian plane makes emergency landing in Egypt    AC Milan beats Juventus 2-1 to reach Supercoppa final against Inter    NMC forecast: Moderate to heavy rain to hit most Saudi regions until Wednesday    Ronaldo eyes AFC Champions League glory with Al Nassr    Inter Milan advances to Italian Super Cup final with 2-0 victory over Atalanta in Riyadh    Meghan announces new Netflix lifestyle show    Al-Nassr sells Seko Fofana to Rennes after loan stint at Al-Ettifaq    Saudi Arabia secures $2.5 billion Shariah-compliant revolving credit facility    SFDA warns against using SHTINE bottled water due to high bromate levels    Angelina Jolie and Brad Pitt reach divorce deal    Philip Morris leverages tech, innovation for smoke-free world    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    







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Oil prices rise
Saudi Press Agency Published in Saudi Press Agency on 12 - 01 - 2006


Oil prices rose Thursday amid
market jitters over traders' convictions that economic growth will cause energy
consumption to rise, AP reported.
The upward pressure came despite a U.S. report Wednesday
showing a surge in inventories of gasoline and heating oil.
Light, sweet crude for February delivery rose 58 cents to
US$64.52 a barrel by afternoon in Europe in electronic
trading on the New York Mercantile Exchange.
Heating oil jumped nearly 2 cents to US$1.7470 a gallon
(3.8 liters), while gasoline surged 2 1/2 cents to
US$1.7576 a gallon. Natural gas was up less than 2 cents at
US$9.254 per 1,000 cubic feet.
February Brent crude rose 81 cents to US$62.98 on the ICE
Futures exchange in London.

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