Saudi Arabia will cut Heavy-Oil Price as Processing Profits Dipped

email Email  Print Print  
Fri, Jul 3, 2009
Heavy Oil Market News
Post by Melissa Pistilli, Heavy Oil Reporter

Saudi Arabia may lower the official price of its heavy oil grade sold to Asia from a six-year high as processing profit for fuel used by ships and power plants dipped in the previous month.

For full story, click here

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Heavy Oil Investing News' Comment Policy?
Heavy Oil Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Heavy Oil Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
agreement Alberta arabia barrels baytex BP calgary Canada canadian connacher energy financial heavy oil Heavy Oil Company News heavy oil futures heavy oil market Heavy Oil Market News heavy oil news heavy oil value imperial investment ivanhoe Kuwait oil oilsands petrobras price prices production profit project quest refinery reserves resources results sands saudi suncor total trend upgrade upgrading venezuala venezuela
Asides

Information