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About 1076 results for "opec"

The Days Of $100+ Oil Prices Are Behind Us

REUTERS/Hardman Oil production outside the Organization of the Petroleum Exporting Countries (OPEC) has grown an average of 800,000 barrels per day each year since 2009. The United States, where oil production rose from 5.3 million barrels per day ... Business Insider, 57 minutes ago

Libya's Rival Regimes Keep Oil Flowing From Split Nation

Libya 's warring factions have pledged to keep the North African country's crude flowing, putting pressure on other OPEC nations to curb output when the group supplying 40 percent of the world's oil meets next month. Libya's production has risen ...
 Bloomberg13 hours ago

OPEC needs oil cut of at least 500,000 bpd-Libyan OPEC governor

Reuters Middle East 10 minutes ago Share this * Oil market is oversupplied by about 1 million bpd-official * Others in OPEC are sympathetic to Libya's troubles * OPEC meets on Nov 27, few calls for output LONDON, Oct 22 (Reuters) - OPEC ...
 Yahoo! Maktoob News2 hours ago

OPEC under pressure over uncertainty in price

MEMBERS of the Organisation of Petroleum Exporting Countries (OPEC) are currently under pressure to cut crude oil production as measures to tackle the current uncertainty in prices per barrel. Crude oil prices have tumbled more than 23 per cent ...
 The Guardian Nigeria10 hours ago Oil falls on speculation OPEC won't cut production  The Hill1 day ago Opec should cut output to support prices: Libya  Libya Business Info3 days ago Libya Calls for OPEC to Cut Crude Output as Prices Drop  BusinessWeek4 days ago

A world without OPEC?

Forty—one years ago this month, the Arab oil embargo began. The countries that were part of it belonged, of course, to the Organization of Petroleum Exporting Countries — OPEC — which had banded together 13 years earlier to strengthen their ...
 Miami Herald16 hours ago With US shale gas revolution, has OPEC become a paper tiger?  Economic Times1 day ago NYT's Nocera: 'OPEC Has Become a Paper Tiger'  Moneynews2 hours ago

AFP - Venezuela-economy-energy-OPEC-oil FOCUS

Venezuela-economy-energy-OPEC-oil FOCUS Contributed by NAMPA / AFP. Falling oil prices stretch Venezuela's books to limit by Ernesto TOVAR CARACAS, Oct 22, 2014 (AFP) - Sliding oil prices are deepening the budget crisis facing the Venezuelan ...
 Namibia Press Agency9 hours ago Oil price fall pushes Venezuela toward crisis  IOL2 hours ago Falling oil prices stretch Venezuela's books to limit  Yahoo! News9 hours ago

Falling oil prices pose no immediate threat to Algeria's finances - minister

ALGIERS Oct 21 (Reuters) - Falling oil prices are a warning for OPEC member Algeria but the slide will not have an immediate negative impact on the North African country's budget, Finance Minister Mohamed Djellab said on Tuesday. Abundant ...
 Reuters Africa17 hours ago

Venezuela vows to pay $3 billion bond, says ready for oil volatility

(Reuters) - Venezuela's Finance Minister Rodolfo Marco said on Tuesday the OPEC nation was "fully prepared" to cope with price volatility on the global oil market and would honor a $3 billion bond payment due next week. Crude oil's tumble on ...
 Reuters18 hours ago Venezuela's draft budget for FY2015 totals USD 117.73 billion  El Universal Venezuela14 hours ago UPDATE 2-Venezuela vows to pay $3 bln bond, says ready for oil volatility  Reuters Africa17 hours ago
Seeking Alpha

Will OPEC Save The Oil Price?

Summary U.S. shale oil production has grown to become a significant factor in the global oil supply/demand balance. However, it does not seem to explain the recent sharp move in the price of oil. The thesis that global oil supply would outpace ...
 Seeking Alpha21 hours ago

OPEC oil slips below $83, Iran says no budget worry [Trend News Agency, Baku, Azerbaijan :: ]

Oct. 22--The OPEC Secretariat announced that the Cartel's basket price dipped again under $83 per barrel on Oct.20, after a tiny rise on Oct.17. According to OPEC's statistics, the Cartel's oil basket price at $82.37 on Oct.20 is still above the ...
 BusinessWeek23 hours ago
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