accountOpec has revised up its forecast call on its members crude in 2013 by 100,000 b/d to 29.8mn b/d in its latest Monthly...
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
OPEC
The Organization of Petroleum Exporting Counties (OPEC) is a permanent international body, formed in Baghdad in September of 1960. OPEC plans and orchestrates the petroleum policies of its 13 member countries – and, by default, most of the world’s gas and oil prices. This topic covers the latest news on OPEC’s plans.
OPEC is part of Business Exchange, suggested by
Len Gilbert.
This topic contains
1,126 news
and
133 blog
items.
Read updated news, blogs, and resources about OPEC. Find user-submitted articles and reactions on OPEC from
like-minded professionals.
Most Active
The most active stories in this topic based on user activity.
A study by the International Monetary Fund found that government fuel subsidies are expensive and detract from...
Nigeria's central bank has urged the government to pass the long-delayed petroleum industry bill aimed at reversing the...
Rising U.S. shale oil production will help meet most of the world's new oil demand in the next five years, even if the...
OPEC on Wednesday trimmed its forecast for global growth in oil demand in 2013, becoming the second of the world’s...
Saudi Arabia, the world’s largest oil exporter, has put forward a candidate to replace Hasan Qabazard as head of...
Subsidies have adverse effects on public finances, economic growth, equity and the environment, body says
Iraq’s crude output rose above 3 million barrels a day last month for the first time since the 2003 U.S.
Oil at $100 a barrel is a “reasonable” price that won’t choke global economic growth, Saudi Arabia’s Oil Minister Ali...
... the price increase of recent years has caused, rather than been caused by, the cost hikes that have occurred.
The US was more reliant on the Middle East for its oil imports last year, underscoring the critical importance of the...
Iran called on OPEC to hold an emergency meeting to address the group’s production of crude in excess of the targeted...
Saudi Arabia pledged at the Group of 20 (G20) summit today to tap 2.5mn b/d of spare production capacity if necessary...
OPEC's 12 members earned a combined $1.04 trillion in oil export revenues last year, up from $745 billion in 2010, the...
Nigerian state-owned NNPC is looking to boost upstream arm NPDC's crude production to 250,000 b/d by 2015.
When OPEC officials meeting in Vienna are talking about "tremendous" surpluses of oil in the world, and US...
Record oil production by Saudi Arabia and the U.S. in 2011 helped ensure the world economy was supplied with enough...
Nigeria will export 2mn b/d of crude in October, little changed on September and far from state-owned NNPC's recent...
The organization’s infighting will make it even more difficult to cope with the troubles in Europe
According to the recent July report by the Organization of the Petroleum Exporting Countries in regards to the recent...
Fatih Birol says it does not make sense for governments to promote renewables at the same time as subsidising coal, oil...
Libya's interim prime minister Abdurrahim El-Keib said that Libya is reviewing all contracts signed by the previous...
Decades of oil production has failed to bring jobs
While the oil reserve has been estimated to peak at about 40.05 billion barrels in 2016, it will later decline to 27.
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
