accountOil traded near a 29-month high in New York after turmoil that cut Libya’s output spread to Oman, raising concern...
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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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Reuters and Upstream are reporting what looks like good news for those relying on Libyan oil supplies
Iran's Minister of Petroleum urged Saudi Arabia on Sunday (27 February 2011) to refrain from taking a hasty decision on...
Demand for extra oil supply following disruption to exports from OPEC member Libya has been met, Saudi Aramco CEO...
Iraq's 310,000 b/d Baiji refinery shut after bomb attack - read this Platts news article and other stories in oil by...
Saudi Arabia holding firm in the Middle East for now: Platts TV - read this Platts news article and other stories in...
Libya exposure for US firms ranges from 2-16% of oil output: Oppenheimer - read this Platts news article and other...
Developments in the Middle East will decide the market's course in the coming week, as stocks react reflexively to...
Predictions about future oil price levels.
IEA says crude quality issues likely if Libyan outages persist - read this Platts news article and other stories in...
Saudis pledge to make up shortfall as Libyan output plunges - read this Platts news article and other stories in oil...
OPEC output has risen in January to the highest since December 2008, a Reuters survey found on Friday, suggesting oil...
John Kingston of Platts engaged in a television discussion on Fox Business regarding whether the looming loss of Libya...
On January 5 this year, a young Tunisian jobless graduate called Mohamed Bouazizi doused himself with gasoline and set...
The European Union is not worried about the loss of Libyan oil supplies as it is importing alternative crude from...
With global oil supply already impacted by Libyan shut-downs, the threat of an oil shock has moved well beyond the...
Libya produces less than 2 percent of the worldâs oil, but its light sweet crude magnifies its importance.
Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly certain to...
Libya's descent into civil war has led to drastic cuts in oil shipments and prompted warnings that an escalation of...
Saudi Arabia and other OPEC nations including those in West Africa are willing and able to replace any lost Libyan oil...
The $12 billion deal between the Iraqi government and Shell to produce gas from southern Iraqi oil fields has reached...
Oil climbed to the highest in 30 months in London as Libya’s violent uprising reduced supplies from Africa’s...
Halving of country’s output pushes Brent up 5%
Response pledge on Libya crisis
With prices above $100 a barrel, the world must prepare for further oil price volatility – and the threat of a genuine...
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
