accountOil major Total believes OPEC should increase output only when it sees extra demand for oil, even if prices
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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.
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News
Recent news on this topic.
prices over the last four months. That rally has cooled in recent days, particularly since Mr. Naimi said OPEC's...
Oil major Total (TOTF.PA) believes OPEC should increase output only when it sees extra demand for oil, even if prices...
Groups slam Shell for poor environmental record in Nigeria - read this Platts news article and other stories in oil by...
With crude surging in price, an economic imbalance has fuelled inflation fears. But there are signs of brighter days...
Crude oil fell to its lowest in almost eight weeks amid speculation OPEC may boost output and before a U.S.
OPEC) are facing growing calls to boost oil production. OPEC, currently responsible for 40 percent of global supply,...
OPEC is facing growing calls to boost oil production as crude prices in Asia and Africa surpass $100 a barrel for the...
OPEC criticises IEA, saying oil price views inconsistent * IEA says Saudis apparently pumping more than thought *...
Oil prices reversed earlier gains on Wednesday after a drop in U.S. stocks at the market open and weak economic data in...
Oil traded near a one-week low in New York after the International Energy Agency said supplies are ample, particularly...
Investment priorities switched
In a report released on Wednesday, BP claims that China will be the largest source of oil consumption growth over the...
The world is well supplied with oil, the Organisation of Petroleum Exporting Countries (OPEC) insisted, as it took a...
Nigerian militant group denies warning of fresh attacks - read this Platts news article and other stories in oil by...
No OPEC meeting even if oil price tops $120/b: Mirkazemi - read this Platts news article and other stories in oil by...
OPEC started 2011 with two clear warnings, one from the International Energy Agency and one from the US Energy...
Extract not available.
Iraq achieves oil production of 2.5 million b/d: minister - read this Platts news article and other stories in oil by...
In this Platts podcast, Richard Swann, managing editor for EMEA oil news, Andrew Bonnington, managing editor for...
Those accusing OPEC of taking advantage of high oil prices may be well advised to read the verses of Iranian poet Rumi:...
energy producers scrambling to produce more. Despite any rise in E&P spending next year, oil production outside of...
Nigerian oil union demands release of members held in graft case - read this Platts news article and other stories in...
Nigerian military arrests nine pipeline saboteurs - read this Platts news article and other stories in oil by clicking...
Shell restoring Nigeria output, fixes key crude pipeline - read this Platts news article and other stories in oil by...
Top Sources: OPEC
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
- BBC
- Platts
