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Perhaps it is not as sympathetic to hard-pressed oil consumers as King Abdullah claims.
ECONOMIST: Oil prices
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The first is the Olive Oil Club from Fresh Pressed Olive Oil, a company that seeks out the best small producers around the world.
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Mackintosh of Glendaveny will supply 10, 500 litres of cold pressed rapeseed oil to a Dubai-based food wholesaler.
BBC: Mackintosh of Glendaveny wins first export deal
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From next week, the company will see its 500ml cold pressed rapeseed oil begin to appear in 20 Sainsbury stores in Scotland.
BBC: Mackintosh of Glendaveny wins first export deal
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Once on board the wool will be pressed to recover the oil and then reused.
ECONOMIST: Monitor
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The company's extra virgin rapeseed oil is pressed and bottled on Mr Macintosh's family farm in Glendaveny.
BBC: Mackintosh of Glendaveny wins first export deal
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On the menu: the standard juice, plus teas made from noni leaves and oil extracts pressed from noni seeds.
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Fatty acid content in vegetable oils can vary significantly, a spokeswoman for Spruce Naturals says, depending on factors such as differences in climate, soil, seed variety and how the oil is pressed.
WSJ: An Oil's Promises, From Cooking to Cosmetics
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Even the biggest oil companies today are hard pressed to generate net margins of 10%.
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Pressed to show a decent return for shareholders, giant oil companies that would never have dreamed of selling out in the past are putting themselves on the block.
FORBES: The John D. way
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When joblessness rose after the 1970s oil shocks, Europe's governments, pressed by strong trade unions, kept labour markets rigid and tried to cut dole queues by encouraging early retirement.
ECONOMIST: Unemployment
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In the process, diesel is becoming less of a dirty word a relic of Detroit's hastily converted petrol engines that were pressed into service as passenger diesels in the aftermath of the 1973 oil shock.
ECONOMIST: Behind Detroit's sudden embrace of ethanol