05/13/2009 10:26AM
OPEC Net Oil Export Revenues
Country
Nominal ($B)
Real (2000$B)
2008
2009
2010
Jan-Apr 2009
2008
2009
2010
Jan-Apr 2009
Algeria
$70
NA
NA
$10
$57
NA
NA
$8
Angola
$68
NA
NA
$10
$55
NA
NA
$8
Ecuador
$10
NA
NA
$1
$8
NA
NA
$1
Iran
$82
NA
02/17/2009 08:32AM
Canadian beef exporters will have access to the lucrative Saudi Arabian market for the first time since 2003. Agriculture Minister Gerry Ritz made the announcement today following his meeting with Saudi Arabian Minister of Commerce and Industry Abdullah Bin Ahmed Zeinal Alireza in Riyadh.
"Step by
02/14/2009 04:09PM
NEW YORK (Dow Jones)--Crude oil prices have plunged to near five-year lows, fueling speculation that OPEC may again slash production levels when it meets in a month.
Saudi Arabia, OPEC's kingpin and the world's biggest oil exporter, already has cut output by up to 2 million barrels a day from a 25
01/14/2009 09:18AM
World wheat trade in 2008/09 (July-June) is projected to reach 125.2 million tons, up 1.5 million this month. The largest increase in imports is for the EU-27, up 1.0 million tons to 6.0 million. Despite record EU-27 production, wheat from Russia and Ukraine has been priced attractively for feed compounders
01/12/2009 01:28PM
The projected 7-million-ton increase in Middle Eastern milling-quality wheat import demand is primarily responsible for the expected growth in global import demand in 08/09. After several years of slow growth, global import demand is expected to grow 10 million tons, or 9 percent this year. Imports will
01/08/2009 07:41AM
DUBAI (Zawya Dow Jones)--Oil demand may fall by up to 45% as the global financial crisis deepens but there's still a need to boost oil investments to ensure supply, the adviser of Saudi oil minister, Majed Al Munif said, pan-Arab Al Hayat daily reports Thursday.
The global financial crisis may cut
12/19/2008 01:02PM
LONDON (Dow Jones)--Saudi Arabia's new oil production target under the Organization of Petroleum Exporting Countries' latest output cut is 8.05 million barrels a day, which is marginally lower than the kingdom's previous quota in November, according to an OPEC document obtained by Dow Jones Newswires
12/17/2008 07:48AM
NEW YORK (Dow Jones)--Oil prices have bounced back from a four-year low, but analysts and traders aren't quite ready to call a bottom to the market.
Crude futures traded down to $40.50 a barrel earlier this month, marking a 70% plunge since July and the erasure of four years of gains in just five months
12/16/2008 06:53PM
ORAN, Algeria -- Saudi Arabia opened the door for OPEC's most dramatic output reduction since the 1970s, calling for the group to slash world oil supplies by at least another two million barrels a day to keep abreast of faltering demand.
Saudi Oil Minister Ali Naimi, arriving for a summit here of the