accountA leading member of Libya's ruling establishment appealed to rebel leaders for dialogue on Monday, in the clearest sign...
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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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Nigeria's security forces have destroyed another 500 illegal refineries in the Niger Delta area, in the latest move by...
Iraq's oil ministry has said that ExxonMobil is expected to raise production
Oil output from fields operated by Agoco, a firm based in east Libya, is 130,000 bpd, a company official said on...
Unknowns to determine future.
Global natural gas supplies could be reduced by about 3 percent if production cuts in Libya spread to other producing...
Libyan rebels clashed with Muammar Qaddafi’s troops in several cities and said they were 90 kilometers from the...
Saudi Aramco, the world’s largest oil exporter, raised official selling prices for all crude grades for customers in...
Federal Government to insist that oil firms bring their suppliers to set up facilities in the country.
Eastern rebels have claimed part the oil town of Ras Lanuf and an oil facility in Zueitina, near the rebel stronghold...
The field is located 120 kilometers offshore Nigeria and has production of 225,000 barrels a day. It began production...
Investors face a key stress test in the coming week as the Middle Eastern political crisis, rising oil prices and...
Crude-oil futures settled at their highest level in 2 1/2 years Friday, spurred by reports of violence near Libya's oil...
Long interruption of production represents the largest threat from political turmoil to the financial stability of oil...
Nigeria's NNPC aims to partner with Addax, Maersk Oil to grow crude output - read this Platts news article and other...
More of a threat to the world economy than investors seem to think
A complex chain of cause and effect links the Arab world’s turmoil to the health of the world economy
Brent crude rose back close to two-and-a-half year highs on Wednesday as Libya warned of higher oil prices due to the...
Oil rose, heading for a third weekly gain, as unrest in Libya renewed concern supply disruptions may spread to the...
Revolts in Libya were partly the result of "revulsion against a corruption" fed by the misuse of oil money,...
The wild card is the ephemeral ‘security premium’, which is impossible to quantify accurately in money terms.
It's always tough to know if OPEC crude reductions are having an impact. Certainly, looking at yet another fall in...
Even as rebels took control of key oil facilities at Brega in eastern Libya, the country's 2-week-long civil war...
In the immediate wake of events in Libya, reports began to emerge that looked like doomsday was upon us.
I Saudi Arabia remains relatively calm in a Middle East burning with revolutionary fervor.
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
