U.S. oil boom helps thwart OPEC
Wednesday, June 19, 2013
- U.S. oil output grew at the fastest pace ever last year, adding 1 million barrels per day and eroding OPEC's ability to control prices.
OPEC keeps pumping as oil demand drops: IEA
Wednesday, June 12, 2013
- OPEC continues to pump more oil despite sluggish economic growth dampening an increase in demand, the International Energy Agency said on Wednesday.
OPEC Boosts Oil Production to Seven-Month High in May, IEA Says
Wednesday, June 12, 2013
- OPEC boosted crude oil production to a seven-month high last month as output increased from Saudi Arabia, Iran, the United Arab Emirates and Kuwait, according to the International Energy Agency.
OPEC Still Sees Higher Oil Demand
Tuesday, June 11, 2013
- OPEC predicted world oil demand will grow more quickly in the rest of 2013, and the group can meet it by pumping more oil.
OPEC sees room for its over-target oil output
Tuesday, June 11, 2013
- OPEC predicted world oil demand will grow more quickly in the rest of 2013 and indicated the group can keep pumping more oil than the output target it retained at a May 31 meeting without over-supplying ...
OPEC Boosts Supply to Six-Month High; Demand Forecast Stable
Tuesday, June 11, 2013
- The Organization of Petroleum Exporting Countries raised crude output in May to the highest level in six months while keeping its demand forecast for 2013 unchanged because of risks to the global economy.
OPEC keeps oil demand forecast steady
Tuesday, June 11, 2013
- OPEC kept its world oil demand forecast for 2013 virtually unchanged in its latest update on Tuesday, but tipped downward revisions given the deteriorating economic climate. The Organization of Petroleum ...
Platts Survey: OPEC Pumps 30.57 Million Barrels of Crude Oil Per Day in May
Monday, June 10, 2013
- LONDON, June 10, 2013 /PRNewswire/ -- Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose by 70,000 barrels per day (b/d) to 30.57 million b/d in May, a just-released ...
OPEC: The ups and downs of an oil cartel
Saturday, June 08, 2013
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