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By Phil Flynn | January 23, 2015
By Mark Shenk, Bloomberg | December 2, 2014
West Texas Intermediate and Brent crudes fell after the Iraqi government and Kurdish authorities reached an agreement that paves the way for increased oil exports.
By Carl Larry | November 21, 2014
It’s time to take one last deep breath before things get serious in oil. We’re just ahead of the big OPEC summit next week.
By Andrew Wilkinson | November 4, 2014
Does the incremental decline in the price of a barrel of crude oil to $76.75 (-2.6%) in response to Saudi Arabia’s cut in its price charged to the U.S. really matter one jot?
By Mark Shenk, Bloomberg | November 3, 2014
West Texas Intermediate dropped to the lowest level in more than two years after Saudi Arabia reduced the cost of its oil to U.S. customers in the face of soaring North American output.
By Jake Rudnitsky and Lananh Nguyen, Bloomberg | October 24, 2014
Crude oil futures fell as much as 1.3% in New York and are poised for a fourth weekly decline. Saudi Arabia’s crude supplies to the market declined last month even as production increased
By Glen Carey, Bloomberg | October 20, 2014
Saudi Arabia warned against any breach of its border after Shiite Houthi rebels in neighboring Yemen seized a crossing point into the kingdom.
By Sarmad Khan, Bloomberg | October 15, 2014
Shares in Saudi Arabia dropped for a second day, taking this week’s losses to more than 8 percent, as crude fell to the lowest level in almost four years on slowing demand growth.
By Phil Flynn | October 2, 2014
Oil prices already under siege from weak economic data got hit harder after Saudi Arabia put barrels on sale!
By Sarmad Khan, Bloomberg | September 24, 2014
Saudi Arabian shares retreated the most in more than three months, leading declines in the Middle East amid investor concern that Arab nations may be at risk of retaliatory attacks by Islamic State militants.