Topic: Opec

Tags: Opec Chief Sees Oil Prices Satisfactory
November 02, 2011

Opec chief sees oil prices 'satisfactory

TEHRAN (AFP) - OPEC chief Abdullah El-Badri said on a visit to Tehran Tuesday the current price of ...

Tags: Protocols Learned Elders Opec
March 04, 2011

The protocols of the learned elders of OPEC

So, you thought the economic crisis we are currently experiencing was caused by loose monetary ...

Tags: Opec Hike Oil Output Price Hit 110
January 10, 2011

OPEC may hike oil output if price hit $110

KUWAIT (Reuters) - Speculation could push oil prices to rise to $110 per barrel within a few weeks, ...

Tags: Opec Comfortable Oil Price Rise
December 12, 2010

Opec 'comfortable' with oil price rise

QUITO (AFP) - OPEC began a meeting in Quito Saturday with its current president, Ecuadorian Oil ...

Tags: Arab Opec Agrees Maintain Produce
December 06, 2009

Arab Opec agrees to maintain produce

CAIRO (AFP) - OPEC heavyweights led by kingpin Saudi Arabia on Saturday appeared united in their ...

Tags: Opec Hardliners Hint Cuts Eve Output Meeting
March 15, 2009

Opec hardliners hint at cuts on eve of output meeting

VIENNA (AFP) - The OPEC oil cartel readied Saturday for an oil output meeting amid hints from ...

Tags: Oil Prices Rise 47 Opec Eyes Special Meet
January 06, 2009

Oil prices rise above $47 as Opec 'eyes' special meet

LONDON (AFP) - Oil prices rose back above 47 dollars on Monday as the Israeli-Palestinian conflict ...

Tags: Opec Announce Oil Output Cut 2m Barrels
December 17, 2008

Opec to announce oil output cut of 2m barrels

ORAN, Algeria (AFP) - OPEC will announce a cut in its oil production of about two million barrels a ...

Tags: Opec Mourns Oil Plummets 41
December 04, 2008

Opec mourns as oil plummets to $41

KARACHI - The OPEC countries must be mourning these days as the crude oil prices have further ...

Tags: Opec Defers Output Move Dec
November 30, 2008

Opec defers output move to Dec

CAIRO (AFP) - Opec is set to leave until December a decision on whether to cut oil output, despite ...

Tags: Oil Prices Drop Eve Opec Meet
November 29, 2008

Oil prices drop on eve of Opec meet

LONDON (AFP) - Oil prices fell on Friday as key ministers from the OPEC producers group meeting in ...

Tags: Iran Favours Opec Cut 15 Million Bpd
November 16, 2008

Iran favours Opec cut of 1 to 1.5 million bpd

TEHRAN (AFP) - Iran, OPEC's number two oil producer, favours a cut in crude production of 1.0 to ...

Tags: Oil Loses Ground Opec Confirms Output Meet
November 15, 2008

Oil loses ground as Opec confirms output meet

LONDON (AFP) - Oil prices fell on Friday, a day after slumping close to 50 dollars, despite growing ...

Tags: Oil Prices Slip Despite Opec Output Warning
October 29, 2008

Oil prices slip despite Opec output warning

LONDON (AFP) - Oil prices dipped Tuesday close to 17-month lows, erasing earlier gains despite a ...

Tags: Opec Meet Regularly Cuts Oil
October 26, 2008

Opec to meet regularly for further cuts in oil

VIENNA (AFP) - OPEC could meet regularly over the coming months to announce further cuts in oil ...

Tags: G7 Govts Raise 2585 Trillion Taxes Oil Says Opec
September 18, 2008

G7 govts raise $2.585 trillion in taxes from oil, says Opec

KARACHI - The G7 governments have raised an alarming amount of 2.585 trillion dollars as taxes from ...

Tags: Opec Crude Plummets 95
September 16, 2008

Opec crude plummets to $95

KARACHI - The OPEC crude oil prices have plummeted to $95 per barrel due to global economic ...

Tags: Opec Leader Saudia Seek Balance Oil Markets
September 12, 2008

Opec leader Saudia to seek balance in oil markets

KUWAIT CITY (AFP) - Under pressure from OPEC price hawks, Saudi Arabia reluctantly agreed to a mild ...

Tags: Sarabia Sets Clash Opec Meeting
September 10, 2008

SArabia sets up clash at Opec meeting

VIENNA (AFP) - Saudi Arabia expressed satisfaction with recent steep falls in oil prices on Tuesday ...

Tags: Opec Ministers Tackle Falling Oil Prices
September 09, 2008

Opec ministers tackle falling oil prices

VIENNA (AFP) - OPEC ministers headed for Vienna on Monday to wrestle with the issue of falling oil ...

Tags: Opec Crude Oil Prices Down 108 Dollars
August 20, 2008

Opec crude oil prices go down to 108 dollars

KARACHI - Following the pattern of the international markets, the OPEC crude oil prices have ...

Tags: Iran Expects Opec Control Quotas
August 03, 2008

Iran expects Opec to control quotas

TEHRAN  - Iran, the number two oil producer in OPEC, expects the cartel to discuss ways of ...

Tags: Opec Chief Keeps Mum Possible Output Hik
July 11, 2008

Opec chief keeps mum on possible output hike

VIENNA  - OPEC secretary general Abdalla Salem El-Badri declined to say Thursday whether the ...

Tags: Opec Members Earn 1251 Trillion Dollars
July 10, 2008

Opec members to earn 1.251 trillion dollars

OPEC's earnings from oil exports are expected to reach a record $1.251 trillion this year, about ...

Tags: Stop Harassing Opec
July 03, 2008

US must stop harassing Opec, says el-Badri

MADRID - The United States must stop harassing OPEC members, the organisation's secretary general ...

Tags: Opec Divided Saudis Lift Oil Output
June 23, 2008

Opec divided as Saudis lift oil output

JEDDAH - The Jeddah energy summit, convened to address rocketing oil prices, called on Sunday for ...

Tags: Opec Cuts 2008 Estimate Growth World Oil Demand
June 14, 2008

Opec cuts its 2008 estimate of growth in world oil demand

VIENNA (AFP) - OPEC on Friday cut its 2008 estimate of growth in world oil demand, as high prices ...

Tags: Opec Ready Boost Oil Supply Market Needs
June 04, 2008

Opec ready to boost oil supply if market needs

KUWAIT CITY (AFP) - Kuwait's Oil Minister Mohammad al-Olaim said on Tuesday that the Organisation ...

Opec insists speculation behind oil price increase

ALGIERS (AFP) - OPEC president Chakib Khelil again blamed speculators for the steep rise in oil ...

Tags: Opec Output Hike Not Affect Prices Iran
May 18, 2008

OPEC output hike would not affect prices: Iran

TEHRAN (AFP) - Major crude oil producer Iran said on Saturday that any output hike by the ...