accountsession while ICE December Brent lost $1.66 to $77.26 a barrel. 'Energy demand is still soft, Opec quotas are being...
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.
News
Recent news on this topic.
The average cost of bunkers has dropped around 39% in the leading bunkering ports of the world from last October 1,...
OPEC agreed, as expected, at late night talks in Vienna September 9 to leave its current crude production limits...
Platts EMEA fuel oil reporters Maria Gradobitova and Benno Spencer discuss the recent strength of low sulfur fuel oil...
Managing editor for Platts' European oil news, Richard Swann and senior correspondent, Margaret McQuaile, discuss the...
Last month the main militant group in the Niger Delta declared "all out war" but is there actually an 'all...
Joel Hanley, managing editor for Platts' international crude oil team and crude oil reporter, Daniel Colover, discuss...
As hundreds of thousands of Iranians protest the results of the June 12 presidential election, businesspeople worry...
$1.28 to $60.36 a barrel pressured by a firmer U.S. dollar and expectations that an OPEC meeting later this week could...
Venezuelan Finance Minister Ali Rodriguez said that OPEC is seeking an oil price of $70 a barrel in order to maintain...
doing another these days, but the tables have turned and the crude market has them scratching their heads.
in distillates. Also contributing to supply issues were tensions in oil-rich Nigeria that threatened pipelines.
more than $147 a barrel even while the EIA was predicting U.S. demand for oil would drop. 'OPEC is putting out oil that...
LinksList Documentid: 19980366 Expiration DateTime: 5/19/2009 6:36:06 AM
around the $55/b marker.' According to energy analyst Edward Meir, market attention will now move towards the...
LONDON -(Dow Jones)- Angola is seeking an official clarification from OPEC's secretariat general over its crude oil...
crude oils at $49.98 a barrel Wednesday, up $1.28 from $48.70 a barrel set Tuesday, OPEC said Thursday.
S. Energy Information Administration (EIA) have also cut their global demand forecasts as the slowdown curbs...
If the events of 2008 can teach the soothsayers of the oil industry anything, it must surely be that theirs is a...
again for 2009 due to the faltering world economy starting to hit demand in developing countries like China.
- OPEC on April 15 cut its estimates of world oil demand further to reflect the impact of the global economic...
see Q&A below.) The dropoff in future supply can be directly tied to last fall's plummeting prices.
demand. But the present system could 'lead to a return of $50 to $55 a barrel.' In March OPEC, which produces 40% of...
Nigeria's oil industry already in the spotlight over the last few years owing to incessant militant attacks and crime,...
the fixed-rate bolivar currency as part of a set of measures to offset lower oil revenue in the OPEC nation, the...
Top Sources: OPEC
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
- BBC
- Platts
