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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
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ANALYSIS: Saudi Arabia buffeted by Bahrain riots, Yemen unrest - read this Platts news article and other stories in...
The IOCs’ ability to manage growth challenges will most likely determine their viability.
Brent crude extended its gains in London while West Texas Intermediate pared losses in New York as escalating protests...
Oil exploration in Nigeria has slumped to the lowest in a decade after producers including Royal Dutch Shell Plc and...
Crude oil fluctuated in New York as Iranian state-run television said the country was sending two warships through the...
The Suez Canal Authority’s head of traffic Ahmed El Manakhly said that no Iranian warships have been licensed to pass...
Middle East crude oils remained at premiums to their benchmarks as refiners purchased cargoes amid gains in processing...
The price of oil held at two-and-a-half year highs amid fresh concerns that tensions in the Middle East could...
For oil colossus Saudi Arabia, a shift to renewable energy is as much about preserving its international influence and...
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...
Commodities surge after inflationary concerns in China and continued protests in Iran, Bahrain and Yemen.
John Vidal: Is it 260bn or 550bn barrels? Should we believe the Americans or the Saudis? The answer may lie in the...
The Iraqi government plans to hold a new oil and gas licensing auction later this year as it seeks a major push to...
The UAE is currently producing around 2.2 million bpd in line with the output target set by OPEC, Mohammad Bin Dha'en...
Manouchehr Takin, a senior analyst at the CGES and a former senior official in Opec, believes that the WikiLeaks cables...
EIA shaves OPEC oil earnings forecast to $1.01 trillion this year - read this Platts news article and other stories in...
OPEC’s compliance with output quotas agreed to in 2008 fell last month as increased production from Saudi Arabia,...
OPEC crude production climbed to its highest level in more than two years in January, the latest Platts survey of OPEC...
In a monthly report on Thursday, OPEC said its January production rose by 400,000 barrels per day (bpd) to 29.
Saudi official is a well-known peak oil theorist.
A former executive of Saudi Arabian Oil Company, known as Saudi Aramco, who was referenced in a leaked U.S.
US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40...
Rising petrol and diesel prices have fuelled a sharp 'don't blame us, blame them' row between the government and Opec...
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
