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Posts Tagged ‘ Soaring Gas Prices ’

Saudi Arabia Agrees to Increase Oil Output After Crude Hits Another New High

May 19th, 2008 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

Oil soared to yet another record high on Friday after Goldman Sachs Group Inc. (GS) raised its price forecast for the second half of the year.

Tags: china, CIBC World Markets, Crude Oil Markets, George Bush, Goldman Sachs, GS, JP Morgan, JPM, oil, Oil Exporter, Oil Shock, Opec, Saudi Arabia, Soaring Gas Prices
Posted in Oil Investment & Alternative Energy | No Comments »

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