11-05-11, 11:49 AM
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Saudi Arabia seeks to calm market with words not oil
Top exporter Saudi Arabia on Tuesday stopped short of pouring more oil on to markets that have vaulted above $100 as unrest swept the Middle East, telling visiting consumer nations prices were driven by fear.
A wave of revolution that has toppled two presidents and left Libyan leader Muammar Gaddafi clinging to power propelled oil to a 2-1/2 year high this week above $108 a barrel.
The scale of unrest in OPEC member Libya has provided the biggest jolt yet to oil markets in two months of Middle Eastern and North African turmoil and it dominated a day of producer-consumer talks hosted by Saudi Arabia in Riyadh.
Saudi Arabian Oil Minister Ali al Naimi said the Organization of the Petroleum Exporting Countries led by Saudi Arabia was always ready to pump more oil - but only when needed.
"What I would like you to convey to the market: right now there is absolutely no shortage of supply," Naimi told a news conference.
التوقيع
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تتقدم إدارة المنتدى بالشكر الجزيل
للمراقب والأديب/ حسن خليل ، على
جهوده الكبيرة في الرقي بالأقسام الأدبية
من خلال النقد ووضع المسابقات والحوافز
لجعل أقسامة متميزة كما هو ، سيما في
نجاح مسابقة " المقالة الأدبية " .
8/1/2012م
الأدارة .
يَا أَيُّهَا النَّاسُ إِنَّا خَلَقْنَاكُم مِّن ذَكَرٍ وَأُنثَى وَجَعَلْنَاكُمْ شُعُوبًا وَقَبَائِلَ لِتَعَارَفُوا إِنَّ أَكْرَمَكُمْ عِندَ اللَّهِ أَتْقَاكُمْ إِنَّ اللَّهَ عَلِيمٌ خَبِيرٌ
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