accountshortage pushed up the oil prices which was relatively stable in the past year. Oil ministers from the OPEC have...
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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
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News
Recent news on this topic.
Oil prices fell more than $2 a barrel on Monday after OPEC ministers said high oil prices could place a major strain on...
VIENNA - The weekly average oil price of the Organization of Petroleum Exporting Countries (OPEC) reached $118.
shortage pushed up the oil prices which was relatively stable in the past year. Oil ministers from the OPEC have...
Saudi Arabia’s Oil Minister Ali al- Naimi said the global “market is oversupplied” with crude even as the world’s...
output by 800,000 barrels per day in March due to oversupply, sending the strongest signal yet that OPEC will not act...
potential, oil and gas exploration there is among NIOC���s priorities.��� Iran is the second-largest crude producer in...
OPEC economies run on oil. It also helps smooth their volatile politics. For rulers worried about riots or worse,...
pump a bit more crude in April than it did in March. Saudi Arabia, the biggest producer in OPEC, pumped 8.
pump a bit more crude in April than it did in March. Saudi Arabia, the biggest producer in OPEC, pumped 8.
output by 800,000 barrels per day in March due to oversupply, sending the strongest signal yet that OPEC will not act...
KUWAIT ? Consumers have urged OPEC to quickly add supply to quell the rally that has taken oil to its highest level in...
Extract not available.
and that the worlds top oil exporter had already reduced production due to weak demand. Consumers have urged OPEC to...
said, he would force the Organization of the Petroleum Exporting Countries major producers to lower oil priceseven...
potential, oil and gas exploration there is among NIOC���s priorities.��� Iran is the second-largest crude producer in...
Siliguri August 5, 2008. Credit: Reuters/Rupak De Chowdhuri/Files By Amena Bakr and Reem Shamseddine Oil consumers have...
kingdom had reduced production in March due to weak crude demand. Oil consumers have... Oil consumers have urged OPEC...
Extract not available.
The oil cartel OPEC forecast on Saturday negative growth in Japan this year after the March 11 earthquake disaster, but...
gas for imported oil, even though such a move would help wean the country from its dependence on OPEC.
WORK is expected to begin on the proposed $2.5 billion Imo State refinery and petrochemical plants before the end of...
Global energy markets have their eyes on Nigeria after incidents of violence tainted relatively fair elections last...
barrel on Friday after China's economic growth beat forecasts. Talking to Reuters at the conference, Iran's OPEC...
Top Sources: OPEC
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
- BBC
- Platts
