UAE expects winter supply glut
United Arab Emirates: Wednesday, October 22 - 2003 at 08:40
UAE Oil Minister Obeid bin Saif Al Nasiri has blamed speculators for oil price fluctuations after Opec's September decision. He expected a glut in last quarter continuing into the first quarter of 2004 because of stock building and called for Opec and non-Opec producers to work together for a fair price, at opening of Fujcon 2003 in Fujairah on October 21.
Also consider reading:
- » Shell to drill two wells next year
- » Iran denies talk of leaving Opec
- » Oman Oil evaluates Kazakh field
- » Shell signs USD5bn GTL deal
- » UAE to raise capacity to 3.7m bpd
- » Iraq plans Kirkuk exports from Nov
- » Oman studies refinery loan offers
- » Iraq oilfield repair contracts soon
- » Little movement in crude prices
- » S. Korea firm in Oman refinery deal
- ADD ARTICLE TO
-
Facebook
del.icio.us
Digg">
Index : Energy, Oil and Gas
Browse related articles
Browse related articlesToday's most read articles:
- » DIFC to continue contributing towards development of UAE and prosperity of its people, says Dr Omar Bin Sulaiman
- » Sony revolutionises LCD technology with next-generation Bravia X-series
- » Flash organizes huge concert in Abu Dhabi
- » Oman Air continues to bring home stranded passengers in Thailand
- » Dow, PIC of Kuwait sign binding joint venture agreement to launch K-Dow Petrochemicals
Posted by staff reporter
Wednesday, October 22 - 2003 at 08:40 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Wednesday, October 22 - 2003 at 08:40 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds