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  Saudis: No need to cut OPEC output   Austria: Saudi Arabia suggested that a meeting of oil ministers of the OPEC will decide to keep crude production steady, despite concerns over prices 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... 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 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
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Oil Price Main Event: Oil prices plunge afte...
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2014-11-27 Oil prices plunge after Opec meeting Vienna, Austria
C. 2009-01-09 'Ransom paid' for hijacked supertanker Somalia
3. 2008-11-29 Saudi Arabia wants oil price at $75 barrel Saudi Arabia
E. 2008-09-09 Oil falls as Opec ministers meet Austria
F. 2008-09-09 Saudis: No need to cut OPEC output Austria
G. 2008-07-01 Saudis rule out further crude increases Saudi Arabia
7. 2008-06-23 Oil prices surges despite Saudi pledge Global
I. 2008-06-22 Oil summit calls for supply boost Jeddah, Saudi Arabia
J. 2008-06-22 Saudi Arabia to increase oil output Saudi Arabia

'Ransom paid' for hijacked supertanker   Somalia: A super-tanker that was captured by Somali pirates in November carrying two million barrels of oil has been released Saudi Arabia wants oil price at $75 barrel  Saudi Arabia hoped to raise oil prices, but indicated that no measures would probably be taken until an OPEC meeting next month in Algeria   Oil falls as Opec ministers meet
  Oil prices plunge after Opec meeting Map of Vienna Austria


year 2014 Top ^

Nov.27
   Austria: The price of oil slumped after the Opec oil producers' cartel decided not to cut output at its meeting in Vienna


year 2009 Top ^

Jan.9


year 2008 Top ^

Nov.29
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

Jul.1
Jun.23
Jun.22
  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 ^

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.    Storm death to...


year 2006 Top ^

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

year 2005 Top ^

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

year 2004 Top ^

Jun.2   Saudis say oil industry 'secure'  Saudi Arabia: The authorities say that Islamic militants chose the wrong target by attacking the kingdom's oil industry 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.1 Saudis vow to avoid oil shortages  Washington: Prince Bandar bin Sultan, the Saudi Ambassador to the US, has vowed to ensure world supplies will remain plentiful

year 2001 Top ^

Apr.29 Oil workers choose negotiations  Kuwait: Workers decided not to go on strike until they have exhausted negotiations about decision to raise to 45 the retirement age Jan.2 Call for OPEC supply curbs  Saudi Arabia: Saudi Arabia called for supply curbs when the cartel meets to prevent a further slide in oil prices


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