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Oil hits record; even Saudis can't save us
The Swampby Frank James Well, so much for Saudi Arabia's plan to lower world oil prices by promising to produce more oil. Crude oil futures rose to nearly $140-a-barrel before deciding that it had scared the bejesus out of everyone......Tags: Goldman Sachs Group, Inc., Sports, Commodity Markets, Upstream Oil and Gas Activities, Foreign Exchange Market
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Output of crude oil gushes
Los Angeles Times Staff WriterSaudi Arabia and other OPEC oil producers are flooding world markets with crude oil, a shift that experts say should help offset any economic dislocation from a military strike against Iraq. The surge of production has helped wash away a $5-a-barrel "war...Tags: United Nations, American Petroleum, Restraint of Trade, Petroleum Industry, Upstream Oil and Gas Activities
Jul 23, 2008
|Blog| Chicago Tribune
Nov 14, 2002
|Story| Los Angeles Times
Original site for International Energy topic gallery.