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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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Sanctions on Iran are tightening after Overseas Shipholding Group, Frontline Ltd. and owners controlling more than 100...
This shows that basic oil supply and demand figures do not support prices at their current level of around $118 a...
Rising crude theft on the new Nembe Creek oil pipeline in Nigeria threatens 140,000 b/d of the firm's oil exports to...
Nigeria's main rebel group claimed yesterday that it had carried out an attack on the Nembe-Brass crude pipeline...
Following steep declines in oil prices and ahead of European Union sanctions on Iran, they should have plenty to talk...
Cartel says world oil demand likely to remain unchanged from previous estimates due to weak global economy
Iran's Supreme Leader Ayatollah Ali Khamenei on Friday warned the West against taking military action and imposing...
The prospect of oil topping $150 a barrel within a year has become the biggest bet in the options market as the U.S.
OPEC production reached its zenith even before 1980, in Venezuela’s case all the way back in 1970.
Oil prices had a low point or two in 2011, but finished the year with a fairly decent run. If Iran is pushed hard by...
"Assessments made show that the oil price will not fall from $100 per barrel by the end of the current year,"...
Company signals higher supplies from Africa’s top exporter.
A Martian dropping into Quito would probably be somewhat baffled by some of the comments made by ministers on the...
Soaring oil prices have spurred a worldwide drilling boom that should result in much-faster growth in oil production...
The stimulus of lower oil prices may be just what the global economy needs, if the world is to avoid a double‐dip...
Domestic considerations in petroleum product prices.
The U.K.-based Central For Global Energy Studies aims to dispel a few oil industry myths that many industry experts...
Foreign firms take wait-and-see attitude before return to war-ravaged country; OPEC will have to find ways to...
OPEC countries plan to bring on stream a total of 21 million b/d of new oil capacity over the next five years, the...
Extract not available.
The kingdom reduced supply by 400,000 barrels a day, or about 4 percent, last month, Oil Minister Ali al-Naimi said Oct.
Libya’s oil output has reached 500,000 b/d after Repsol YPF SA began producing 60,000 b/d of oil from its El Sharara...
Top Sources: OPEC
- platts.com
- platts.com
- Times of India
- BusinessWeek
- bit.ly
- bit.ly
- oilandgasiq.com
- Reuters
- Economictimes
- CNN Money
