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Politics Main Event: Saudi Arabia to increas...
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B. 2009-01-09 'Ransom paid' for hijacked supertanker Somalia
C. 2008-11-29 Saudi Arabia wants oil price at $75 barrel Saudi Arabia
D. 2008-07-01 Saudis rule out further crude increases Saudi Arabia
E. 2008-06-23 Oil prices surges despite Saudi pledge Global
5. 2008-06-22 Oil summit calls for supply boost Jeddah, Saudi Arabia
2008-06-22 Saudi Arabia to increase oil output Saudi Arabia
7. 2008-06-21 Saudis to host oil price summit Jeddah, Saudi Arabia
I. 2008-06-21 U.S.: Oil production has not met demand Saudi Arabia

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   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 ruled out further increases in crude production following its announcement that it would pump an extra half-million barrels a day 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   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
'Ransom paid' for hijacked supertanker


year 2009 Top ^

Jan.9
   Somalia: A super-tanker that was captured by Somali pirates in November carrying two million barrels of oil has been released


year 2008 Top ^

Nov.29
Sep.9
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
  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  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 will increase its oil production by 200,000 barrels a day next month to meet growing world demand


year 2005 Top ^

Aug.1 Saudis pledge to keep pumping oil
  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'
  The authorities say that Islamic militants chose the wrong target by attacking the kingdom's oil industry May.31 Oil price surge after siege
  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 ^

Jan.2   Call for OPEC supply curbs  Saudi Arabia called for supply curbs when the cartel meets to prevent a further slide in oil prices


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