Home Oil Prices Go Up And Down, Up And Down Says Saudi Oil Minister Amid Concerns
 

Keywords :   


Oil Prices Go Up And Down, Up And Down Says Saudi Oil Minister Amid Concerns

2014-12-14 18:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Times: Saudi oil minister Ali al-Naimi spoke to reporters on the side lines of an annual UN climate change conference in Lima, Peru. According to a report by Sydney Morning Herald the minister pointed out that oil, just as any other commodity, is subject to price fluctuation. "For any commodity, what does it do? It goes up and down, up and down," the minister reportedly said. With OPEC countries not agreeing to cut oil production, all eyes will be on global demand for the commodity. A significant drop...

Tags: prices oil concerns minister

Category:Electronics and Electrical

Latest from this category

All news

»
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Graphics
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
More »