Arab Oil Embargo In retaliation for U.S support of Israel in the ... Oil sank to the low $60s per barrel by January 2009 ...

DUBAI, United Arab Emirates -- Saudi Arabian oil giant ... down from $94.5 billion the year before. Oil prices have been depressed over recent days as tensions in the Middle East appear to have ...

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Saudi Arabian oil giant Aramco has reported third ... down from $94.5 billion the year before. Oil prices have been depressed over recent days as tensions in the Middle East appear to have receded ...