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The HSH Blog

Mortgage & Housing Market News from HSH.com
June 16th, 2008 (Modified on July 1st, 2008)

Saudi Arabia Will Pump More Oil

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In an effort to stem prices and aid the world’s economies, Saudi Arabia’s king announced that the country will step up oil production by 300,000 barrels per day within weeks. By next month, the kingdom plans to ramp up production to 500,000 barrels a day, the highest level ever.

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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