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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 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.

News

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State official indicates concern over oil pricesmore

Oil prices have reached a worrying level for some Opec producers, the head of Kuwait's national oil company indicated,...

Al Jazeera says Gaddafi forces bombard oil fieldmore

Al Jazeera television reported on Monday that forces loyal toMuammar Gaddafi had bombarded Misla oil field in eastern...

Oil Rises to 30-Month High on Libya Conflct; Kuwait Says Price Is Too ...more

Oil climbed to the highest level in 30 months in New York on speculation that U.S. economic growth may support demand...

Unrest in Africa Makes Oil Prices Soarmore

The recent unrest in Africa is advantageous for the OPEC countries. The International Energy Agency (IEA) suggests that...

Brent rises above $119, U.S. oil at 2.5-year peakmore

supplies could be dented while economic... Comments from Iran's oil minister that there was no need for OPEC to hold an...

US crude hits highest since 2008more

oil prices by playing down the need for an extraordinary meeting of the Organisation of Petroleum Exporting Countries...

U.S. WCoast Products-Prices up on schedulingmore

+ + + For more news on energy, double click on + + + + [O] headlines [OPEC] OPEC [NSEA] North Sea [CRU] crude oil...

Ahmadinejad predicts oil at $150 a barrelmore

the market ones," Ahmadinejad whose nation is the current president of the Organisation of Petroleum Exporting...

Analysis: Oil finds $100 floor on Saudi politics, output costsmore

the $75 a barrel "fair price" for producers and consumers identified at the end of 2008 by leading OPEC...

Brent crude oil at $121 a barrelmore

oil prices by playing down the need for an extraordinary meeting of the Organisation of Petroleum Exporting Countries...

Mideast unrest drives oil prices highermore

dented while economic growth bolsters demand. Comments from Iran's oil minister that there was no need for Opec to hold...

Kuwait says sticks to OPEC quota, seeks lower oil pricemore

a barrel in recent days, spurred by concerns over political instability in the Middle East and North Africa.

Oil hits $120 after strike in Gabonmore

Extract not available.

US crude oil climbs to 2-1/2 year peakmore

U.S. crude hits $108.74, highest since September 2008 * Iran oil min says no need for OPEC emergency meeting *...

Crude Oil Fluctuates Near 2 1/2-Year High on Fighting in Libyamore

Kentucky. ���The violence in Yemen is adding further support to crude.��� Strategic Strait Yemen, which borders Saudi...

Libya Turmoil Hits OPEC Outputmore

make up for Libya's export halt, a Dow Jones Newswires survey showed. Total production from the 12 OPEC members fell by...

Brent crude oil at $120 a barrelmore

oil prices by playing down the need for an extraordinary meeting of the Organisation of Petroleum Exporting Countries...

Venezuela to send Argentina 12 mln barrels fuel from Maymore

May." Venezuela's President Hugo Chavez is a close ally of Argentine President Cristina Fernandez and the OPEC...

Solar, Nuclear Energy to Cut Saudi Oil Demand, Official Saysmore

Abu Dhabi, the capital of the neighboring United Arab Emirates. Insufficient Gas Saudi Arabia, the largest producer in...

Libyan Opposition, Qatar Finalize Oil Dealmore

Libyan rebels have penned a deal with Qatar to market their crude oil abroad...

Qaddafi Exile Options Reach to Venezuela as Defections Risemore

Tunisia’s Zine El Abidine Ben Ali fled to Saudi Arabia after 28 days of protests. Demonstrators in Egypt needed 18 days...

OPEC Output Down as Libyan Loss Tops Saudi Gain, Survey Showsmore

The Organization of Petroleum Exporting Countries ’ crude output dropped in March as increases from Saudi Arabia failed...

Mexico says OPEC, inventories can cover Libya oilmore

crisis, which have helped push crude to a 2-1/2 year peak, could be covered by production in other OPEC nations and...

Saudi budget could require high oil pricemore

Big public spending planned to curb unrest

Oil Prices To Be Volatilemore

the uncertain nuclear situation in Japan, the weekly average oil price of the Organization of Petroleum Exporting...

Top Sources: OPEC

  • platts.com
  • Times of India
  • BusinessWeek
  • bit.ly
  • oilandgasiq.com
  • Reuters
  • Economictimes
  • CNN Money
  • BBC
  • Platts

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