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Arab Countries, Oil Timeline Tuesday, October 7     Author
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  Saudis: No need to cut OPEC output
World News World Oil (114) Arab Countries (327) Business (72) Oil
2007 (2) 2006 (7) 2005 (4) 2004 (7) 2003 (2) 2002 (1)
   Iraq (15)    Saudi Arabia (13)    Gulf (16)
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  Oil falls as Opec ministers meet


September 2008 ... more > Top ^

Sep. 9
   Austria: Brent crude has fallen below $100 for the first time since April, as traders predict Opec will stick to current output levels

   Austria: Saudi Arabia suggested that a meeting of oil ministers of the OPEC will decide to keep crude production steady, despite concerns over prices


August 2008 ... more > Top ^

Aug.30 Iraq signs $3B oil deal with China
  Baghdad: Iraq has signed its first major oil deal with a foreign company(China National Petroleum Corporation) since the fall of Saddam's regime Aug.11 Iraq to revive oil deal with China  Baghdad: Iraq says it's going to revive a $1.2 billion oil deal that was canceled after the 2003 U.S.-led invasion

July 2008 ... more > Top ^

Jul.24   Libya 'halts Swiss oil shipments'  State shipping company halted oil shipments to Switzerland in protest at the brief arrest of leader Muammar Gaddafi's youngest son Jul.1 Saudis rule out further crude increases  Saudi Arabia: Saudi Arabia ruled out further increases in crude production following its announcement that it would pump an extra half-million barrels a d...

June 2008 ... more > Top ^

Jun.23 Oil prices surges despite Saudi pledge  Global: Investors shrugged off the pledge to increase oil production, focusing on disruptions to Nigerian supply and heightened Middle East tensions Jun.22 Oil summit calls for supply boost   Saudi Arabia: Leading exporters have acknowledged the need to boost supplies to curb prices but stopped short of specific commitments on extra output Saudi Arabia to increase oil output
  King Abdullah: Saudi Arabia will increase its daily production from 9 million barrels to 9.7 million in the near future to counter the sharp rise in prices
Jun.21 Saudis to host oil price summit Map of Jeddah Saudi Arabia
  Saudi Arabia: S. Arabia is set to host a meeting of oil producing and consuming nations to discuss soaring oil prices
U.S.: Oil production has not met demand
  Saudi Arabia: Energy Secretary Samuel Bodman: Oil prices are hitting record highs because production has not kept pace with increasing demands Jun.15 Saudi oil output to rise in July
  Saudi Arabia: Saudi Arabia will increase its oil production by 200,000 barrels a day next month to meet growing world demand


year 2007 Top ^

Oct.29 Israel's Gaza fuel cuts alarm UN  Energy sanctions against the Hamas-run Strip punish an entire population and are unacceptable Jun.7 Cyclone pounds Mideast oil region
  Oman: Cyclone Gonu battered coast with fierce winds and torrential rains, forcing thousands from their homes and shutting down oil installations

year 2006 Top ^

Nov.27 Insurgents target oil sources. Northern Iraq Oct.19   Opec approves cut in oil output
  Qatar: The oil producers' cartel has approved plans to cut crude output by 1.2 m barrels per day Aug.26 Chad president orders Chevron out Jun.26 Iraq oil output hits a new high May.11 Palestinian petrol crisis 'over'. Palestine Apr.15 Chad threatens oil cutoff over dispute

year 2005 Top ^

Dec.29 Death threats cut oil flow
  Northern Iraq: Iraq's largest oil refinery has been shut down, jeopardising supplies of electricity across northern Iraq Aug.1 Saudis pledge to keep pumping oil  Saudi Arabia: Saudi Arabia will continue to pump oil 'to the best of our capability, with a reasonable price' under King Abdullah Jul.26 Fuel price hike reversed after riots
. Yemen

year 2004 Top ^

Aug.28 Oil Halts Slide on Iraqi Pipeline Attacks  Prices stopped a 5-day slide on supply concerns after fresh Iraqi pipeline attacks outweighed an end to an uprising in Najaf Jun.15   Sabotage stops Iraqi oil flow  Saboteurs attacked a key pipeline in the Gulf, halting export of oil through Iraq's 2 offshore terminals Jun.3   Opec 'to increase output by 8%'  Beirut: The cartel would be raising output quotas by 2 million barrels a day from July 1 Jun.2 Opec meets to tackle oil output  Lebanon: Members of oil producers' group are meeting to discuss boosting production by up to 11%, in a bid to lower the soaring price Saudis say oil industry 'secure'. Saudi Arabia May.31 Oil price surge after siege  Saudi Arabia: Fear of Middle East unrest pushed prices higher, despite signs that exporters will agree to increase output Apr.25 Raid disrupts oil exports. Iraq

year 2003 Top ^

Aug.16   Fire halts flow of oil  Iraq: Oil exports through a key pipeline have been halted by sabotage. The fire was probably caused by a bomb


year 2002 Top ^

Apr.8 Iraq cuts off oil exports



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