Saudi in Talks to Fill Libya Oil Gap-Sources
Investing News Network - February 24th, 2011
Reuters reports that Saudi Arabia is in conversation with European companies affected by Libyan unrest.
Reuters reports that Saudi Arabia is in conversation with European companies affected by Libyan unrest.
The market news is quoted as saying:
The Saudi sources said Saudi Arabia was able to pump more of the kind of high-quality crude produced by OPEC member Libya and that it could be shipped quickly to Europe with the help of a pipeline that crosses the kingdom.