All
 

 

Just in:  

You are here: Home»Markets»Energy»Middle East & Africa»Saudi Arabia says will work to moderate oil prices

oil7 400RIYADH: Saudi Arabia would like oil prices to fall and will take steps to moderate them, Saudi Oil Minister Ali Al-Naimi said on Tuesday.

 

"We hope the price will moderate and we will work towards moderating the price," Naimi told reporters when asked whether he would like to see oil prices fall to $100.

 

He said Saudi Arabia would pump as much oil as needed by its customers.

 

Brent crude oil was trading around $112 a barrel on Tuesday.

 

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln