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OPEC
News archive for OPEC Economic Times,LUANDA: OPEC Secretary-General Abdullah al-Badri said on Tuesday that the subprime crisis in financial markets has made it very difficult for the group to Subprime crisis gives Opec dilemma - 28 Aug 2007 Financial Times,Before the subprime crisis, Opec had been expected to raise production at that meeting. Now it is worried that it could be increasing supply just as demand Angola: Opec Praises Facilities of Assistance to Oil Activity - 28 Aug 2007 AllAfrica.com,The secretary general of the Organisation of the Petroleum Exporting Countries (OPEC), Abdalla Salem El-Hadri this Tuesday, in Luanda, made a positive Oil up on US gasoline tightness, expectations for a further ... - 28 Aug 2007 Forbes,Looking ahead, supply is unlikely to be boosted at oil cartel OPEC's meeting, where analysts think ministers will choose to leave production levels OPEC output enough, Iran says - 28 Aug 2007 bunkerworld,Iran, OPEC's second largest oil producer, has anticipated no change to the oil cartel's oil output ceiling to be decided when it meets on September 11 in How Weak Dollar Affects OPEC - 28 Aug 2007 theTrumpet.com,But now, even with oil prices nearing a record high, opec is not stepping up production. Why? The answer partly has to do with the weakening US dollar. OPEC only expected to set oil quota for Angola in 2008 - 28 Aug 2007 Macauhub,Luanda, Angola, 28 Aug – The Organization of Oil Producing Countries (OPEC) is expected to set an oil production quota for Angola only in 2008, Talks held between OPEC Secretary General and member country Angola - 28 Aug 2007 Polymerupdate.com (subscription),Exporting Countries (OPEC) Secretary General Abdalla Salem El-Badri and Angolan officials regarding production quotas and oil prices on Monday. Energy Midday Roundup: Lehman Likes Oil - 28 Aug 2007 Forbes,..."Tight spare capacity within OPEC, limited production growth from non-OPEC countries, more aggressive strategies being exhibited by national oil companies Profits for Wood Group hit £61.6m - 28 Aug 2007 Scotsman,OPEC secretary-general Abdullah al-Badri yesterday said the sub-prime crisis in financial markets had made it very difficult for the oil cartel to gauge Price of oil slips - 28 Aug 2007 Radio New Zealand,OPEC Secretary-General Abdullah al-Badri said the subprime fallout had clouded the oil demand picture. In an interview on Monday, Badri said that he felt Refinery Snags Weigh On Crude - 28 Aug 2007 Wall Street Journal..."The situation in the past couple of weeks has become a lot more serious," Badri said during a visit to Angola, OPEC's newest member. The Place to Be Is Energy - 28 Aug 2007 Kiplinger.com,First, OPEC, the 11-nation oil cartel that is responsible for about two-fifths of the world's oil production and two-thirds of its proven reserves, Oil Firm Poised to Deliver 20% Returns - 28 Aug 2007 Morningstar.com,What Gives It an Edge: Morningstar analyst Justin Perucki has awarded Apache (and many of its peers) a narrow economic moat rating, mainly because of OPEC. Refinery problems support the oil price - 28 Aug 2007 FXstreet.com The Foreign Exchange Market,In view of prices in the low 70’s, relatively high crude oil inventories and continued problems at the refineries, OPEC can argue that more crude oil is not Oil and gas futures fall as refinery problems fade - 28 Aug 2007 International Herald Tribune,AP NEW YORK: Oil and gasoline futures fell Tuesday as concerns about refineries faded and investors shrugged off OPEC comments that suggest the oil cartel Oil eases below $72 - 28 Aug 2007 CNNMoney.comOPEC Secretary-General Abdullah al-Badri said Tuesday the subprime crisis in financial markets has made it very difficult for the producer group to gauge Kiev, Astana Back 'Grain OPEC' Idea - Aug 26, 2007 The Moscow Times,Gordeyev first raised the idea of creating an OPEC-type body to address the problem of rising grain prices in June, adding at the time that he hoped that Change in output by OPEC not foreseen by Iran - Aug 26, 2007 Polymerupdate.com (subscription),An oil industry expert based in the Gulf quoting Iranian caretaker oil minister GholamHussein Nozari confirmed in conversation with a polymerupdate member Angola: Opec's Secretary General Expected Saturday in Luanda - Aug 24, 2007 AllAfrica.com,The secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC), the Lybian Abdalla Salem El-Hadri, is expected Saturday in Luanda for OPEC Giving $200K to Peru Quake Victims - Aug 22, 2007 Forbes,AP 08.22.07, 8:35 AM ET OPEC's humanitarian arm is sending $200000 to help victims of the deadly earthquake that ravaged parts of Peru. OPEC Secretary General in Angola for Four–Day Visit - Aug 25, 2007 AngolaPress,Luanda, 08/25 – The secretary general of the Organisation of the Petroleum Exporting Countries (OPEC), the Libyan Abdalla Salem El-Badri is in Luanda since Dean may shed light on OPEC/IEA debate - Aug 21, 2007 ReutersBy Janet McBride LONDON (Reuters) - OPEC countries adamant their policies are not to blame for oil's five-year rally may feel vindicated by the energy Reviewing Developments of the World Oil Market between OPEC and Angola - Aug 25, 2007 Mathaba.Net,The Angolan news agency reported that the Secretary General of OPEC Abdullah AlBadri will arrive in the Angolan capital Luanda on Saturday on top of the OPEC Meeting Overshadowed by Angola, Prices Still Expected to Increase - Aug 24, 2007 Resource Investor,The west African producer is OPEC’s latest addition, which has slightly increased the cartel’s global oil position. However, analysts have warned that the Opec exports all set to increase by 610000 bpd, says analyst - Aug 24, 2007 Gulf News,London: Opec oil exports, excluding Angola, will leap 610000 barrels per day (bpd) in the four weeks to September 8, with most heading west to replenish Oil sheds gains; holds near $71 on supply worries - Aug 26, 2007 Reuters South Africa,Iranian caretaker Oil Minister Gholamhossein Nozari said on Saturday he believed OPEC's current crude oil production was enough and did not expect the OPEC secretary general to visit Angola - Aug 24, 2007 People's Daily Online,Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Lybian Abdalla Salem El-Hadri will pay a work visit to Angola, OPEC Output -840000 B/D on Year, Inline vs. Past Wks - Aug 24, 2007 Oil and Gas Industry Latest News,Seaborne OPEC oil shipments are expected to jump by 610000 barrels a day in the four weeks to Sept. 8 from the previous one-month period as some of the Riyadh to host third OPEC summit - Aug 24, 2007 PRESS TV,Representatives from the Organization of Petroleum Exporting Countries (OPEC) member countries are to attend the 3rd summit of the organization in Saudi OPEC may raise output in 2007 - Aug 24, 2007 PRESS TV,OPEC may raise its production, should members decide in their September meeting not to increase their output quotas, experts say. Ukraine, Kazakhstan backed 'grain OPEC' idea - Russian minister - Aug 24, 2007 RIA Novosti,...grain producers and exporters with the idea of establishing an organization to coordinate grain production and trade globally, a kind of "grain OPEC. Angola to Stay Free of OPEC Output Constraints - Aug 23, 2007 Asharq Alawsat,LONDON (Reuters) - OPEC's newest member Angola is likely to stay free of the group's output constraints so long as oil prices remain strong, Oil demand doubts likely to prompt OPEC caution - Aug 15, 2007 ReutersBy Alex Lawler - Analysis LONDON (Reuters) - World oil demand forecasts are falling into a widening range, adding to uncertainty that may steer OPEC towards OPEC benchmark falls to USD 66.58 - Aug 23, 2007 El Universal,The benchmark price of the oil basket for the Organization of Petroleum Exporting Countries (OPEC) edged lower on Wednesday to USD 66.58 per barrel from USD Oil gives up some of Friday's gains - Aug 26, 2007 RTE.ie,Iran, OPEC's second largest oil producer, said on Saturday it did not foresee any change in the organisation's output targets. The cartel meets on September Crude consumption may fall says Opec - Aug 14, 2007 Gulf Daily News,LONDON: Opec yesterday warned that a slowing US economy and fallout from the subprime mortgage crisis could cut oil consumption in the rest of this year. OPEC may raise oil output later in year - Aug 22, 2007 ArabianBusiness.com (press release),...by Reuters on Wednesday, 22 August 2007 OPEC may act to raise oil output later this year if the group decides to keep production steady at its meeting in Oil Rises as OPEC Boosts Demand Outlook, Atlantic Storm Forms - Aug 14, 2007 Bloomberg14 (Bloomberg) -- Crude oil gained as OPEC raised its forecast for demand during the coming quarter and a tropical depression moved toward the Caribbean. Riyadh to host OPEC summit - Aug 22, 2007 AME Info,The third summit of the Organization of the Petroleum Exporting Countries (OPEC) will be held in Riyadh in November, reported KUNA. OPEC hikes 2007 demand forecast: Oil prices climb - Aug 14, 2007 Daily Times,LONDON: Global oil prices rose on Tuesday after crude producers’ cartel OPEC upgraded its estimate for 2007 world oil demand growth, despite the current UPDATE 2-OPEC says subprime woes may hit oil demand - Aug 14, 2007 ReutersBy Alex Lawler LONDON, Aug 14 (Reuters) - OPEC on Tuesday warned that a slowing US economy and fallout from the subprime mortgage crisis could cut oil Oil Rises as OPEC Raises Demand Outlook, Atlantic Storm Forms - Aug 14, 2007 Bloomberg14 (Bloomberg) -- Crude oil rose the most in two weeks in New York as OPEC increased its forecast for demand next quarter and a tropical depression moved OPEC Sees Soft Demand - Aug 14, 2007 Wall Street JournalOPEC expects daily demand for its crude to average under 30.8 million barrels next year, 239000 barrels a day lower than the 31 million barrels a day Venezuela's Chavez threatens cement maker Cemex - Aug 26, 2007 ReutersChavez this year nationalized the OPEC nation's largest private telecommunications and electricity companies, and took over four multi-billion dollar oil OPEC Says Oil Outlook Is Uncertain - Aug 14, 2007 Forbes,OPEC, the Organization of Petroleum Exporting Countries, noted that oil prices have shown "extreme volatility" over the last month. OPEC raises 2007 oil demand forecast on rising Japanese need for ... - Aug 14, 2007 Forbes,LONDON (Thomson Financial) - Global oil demand in 2007 will exceed initial OPEC expectations, partly because of Japan's rising need for power plants, OPEC, Angola to discuss possible output quota - Aug 14, 2007 Reuters South Africa,LONDON (Reuters) - OPEC's Secretary-General Abdulla al-Badri will meet with Angola's energy minister in Luanda this month to discuss setting a production Treasury Auction "Quenches" Thirst: Calms Market - Aug 27, 2007 CNBC,John Kilduff, senior vice president at MF Global, points out new comments from OPEC today, blaming the subprime mortgage muddle with clouding its economic New faces but policies set to stay at OPEC - Aug 13, 2007 ReutersBy Janet McBride - Analysis LONDON (Reuters) - Less than a month before OPEC meets to set oil output for peak winter demand, countries accounting for almost archives | news | XML / RSS feed | featured
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