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Latest OPEC News

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  • OPEC unlikely to alter crude oil output levels 6 Dec 2009 07:54 GMT
    ... prices are “perfect,” as several key Arab OPEC members indicated the group was unlikely to ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent of the ...

  • OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
    ... LONDON (Reuters) - OPEC should be cautious when it meets this ... said on Thursday. The Organization of the Petroleum Exporting Countries, which pumps more than a third of ...

  • LUANDA 22 Dec 2009 Angola hosts 155th OPEC meeting 6 Dec 2009 05:18 GMT
    ... LUANDA 22 Dec 2009 Angola hosts 155th OPEC meeting A decline in the dollar is ... Bloomberg in October that the Organization of Petroleum Exporting Countries is likely to maintain oil production levels ...

  • Saudi oil minister sees no change at OPEC meet - report 6 Dec 2009 07:52 GMT
    ... opening of the Ministerial Conference of the... OPEC will not change its production target when ... no need for the Organization of the Petroleum Exporting Countries to change its output targets when it ...

  • Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
    ... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international investment in ... ago by Organization of Petroleum Exporting Countries (OPEC) in Oran, Algeria, was heard. "The international ...

  • Oapec members agree to maintain quotas 6 Dec 2009 06:59 GMT
    ... at: 12/6/2009 8:59:43 Source ::: AFP Cairo: Opec heavyweights led by kingpin Saudi Arabia yesterday ... the market is stable. Ministers of Arab Petroleum Exporting Countries (Oapec) attending a meeting in Egypt said ...

  • Saudi Arabia hails perfect oil price 6 Dec 2009 06:18 GMT
    ... is stable as Arab heavyweights in the OPEC cartel appear united in their support for ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh Ahmad Abdullah ...

  • Iran denies oil export halt if sanctions continue 6 Dec 2009 09:25 GMT
    ... Iran denies oil export halt if sanctions continue ... Iran's envoy to the Organization of the Petroleum Exporting Countries denies media reports that Tehran will stop ...

  • Ahmadinejad goes looking for friends 6 Dec 2009 06:51 GMT
    ... EVER isolated by the US and its European ... both members of the Organisation of the Petroleum Exporting Countries, have had commercial ties since 1960. In ...

  • Saudi oil minister sees no change at OPEC meet 6 Dec 2009 06:10 GMT
    ... ...

  • OPEC will not change production target - Saudi minister 6 Dec 2009 07:32 GMT
    ... ...

  • Venezuela takes over three more small banks 6 Dec 2009 00:33 GMT
    ... critic of the United States and Wall Street, has nationalized large sectors of his OPEC nation’s economy since coming to power in 1999. So far, he has held back from large-scale seizures in ...

  • Dubai debt woes may cut CO2 but much more needed 6 Dec 2009 03:54 GMT
    ... than 100 billion dollars last year, making it the second biggest exporter in the OPEC cartel, only behind In June, Abu Dhabi won an international vote to host the new International after it promised ...

  • Mideast stocks - Factors to watch - Dec 6 6 Dec 2009 06:16 GMT
    ... not vouch for their accuracy. * Saudi hails "perfect" price at Arab oil meeting [OPEC-O] * Dubai debt crisis can be contained, manageable, World Bank says [IMF-M-AE] * Fitch: Dubai has no impact on ...

  • OPEC Ministers See No Quota Change This Month With 'OK' Price 5 Dec 2009 22:57 GMT
    ... Dec. 4 (Bloomberg) -- Four OPEC nations said they doubt the group will ... Cairo said they want the Organization of Petroleum Exporting Countries to maintain production targets at its Dec. ...


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