News Topics: OPEC

OPEC to Consider Further Cuts in Production
Wednesday, May 16, 2012 - CARACAS, 25 October 2006 — OPEC ministers will discuss reducing oil production by another 500,000 barrels per day to prevent a further drop in prices when the group meets in Abuja, Nigeria in December, said Venezuela’s Energy Minister Rafael Ramirez on Monday.
OPEC's Influence Wanes Amid Shifting Geopolitics
Monday, May 14, 2012 - OPEC got some great news lately, Chinese growth is cooling to a 'cow like' 8.2% rather than the bullish 8.5% analysts had previously expected for 2012.
OPEC's Difficult Decade
Sunday, May 13, 2012 - OPEC got some great news lately, Chinese growth is cooling to a ?cow like? 8.2% rather than the bullish 8.5% analysts had previously expected for 2012. For oil fundamentals that?s pretty important: Brent has dropped to $112/b. Confused? Don?t be. OPEC would normally be more than happy to maximise receipts to keep prices as high as possible, but even its most vocal members were getting worried ...
OPEC Says ‘Plentiful’ Global Oil Supplies Outpace Demand
Friday, May 11, 2012 - The Organization of Petroleum Exporting Countries said that global oil supplies are outpacing demand levels, keeping its forecast for world consumption this year unchanged.
OPEC says oil plentiful, supply exceeds needs
Thursday, May 10, 2012 - OPEC is pumping enough oil to keep world markets more than satisfied and oil prices have been high largely due to geopolitical risk.
OPEC Is Pumping Oil Well Above Target
Thursday, May 10, 2012 - LONDON - OPEC is pumping enough oil to keep world markets more than satisfied and oil prices have been high largely due to geopolitical risk, the oil producing group said on Thursday.
OPEC: Oil Supplies Above Market Needs
Thursday, May 10, 2012 - The Organization of the Petroleum Exporting Countries OPEC said it is pumping enough oil to keep world markets more than satisfied.
OPEC Raises Production To Highest Level Since '08 Recession
Thursday, May 10, 2012 - OPEC Thursday disclosed its members are pumping at levels not seen since the 2008 recession and said it stopped revising down its oil-demand growth forecast.
OPEC says oil plentiful, supply above market needs
Thursday, May 10, 2012 - OPEC is pumping enough oil to keep world markets more than satisfied and oil prices have been high largely due to geopolitical risk, the oil producing group said on Thursday. The Organization of the Petroleum ...
OPEC says pumping hard to bring oil price down
Thursday, May 03, 2012 - OPEC is working hard to bring down oil prices that jumped towards $130 a barrel earlier this year, its secretary general said on Thursday, and is pumping much more than its official target even as exports ...


 
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