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OPEC & Brent Crude News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC & Brent Crude News

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  • Raising output not on OPEC agenda now-UAE oil min 7 Nov 2009 12:11 GMT
    ... Mohammed al-Hamli arrives at a hotel for OPEC meeting in... United Arab Emirates Oil Minister ... $77.43 a barrel on Friday while London Brent crude was down $2.12 to $75.87 a barrel. Overall, Hamli said, he was happy with ...

  • Raising output not on OPEC agenda now 7 Nov 2009 13:07 GMT
    ... was not currently on the agenda for OPEC. ‘Right now increasing production is not on ... $77.43 a barrel on Friday while London Brent crude was down $2.12 to $75.87 a barrel. Overall, Hamli said, he was happy with compliance ...

  • Raising output not on OPEC agenda now, says UAE Oil Minister 7 Nov 2009 20:32 GMT
    ... was not currently on the agenda for OPEC. “Right now increasing production is not on ... to $77,43 a barrel yesterday while London Brent crude was down $2,12 to $75,87 a barrel. Overall, Hamli said, he was happy with compliance ...

  • Dollar slides, oil is back above $80 per barrel 6 Nov 2009 04:41 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... the New York Mercantile Exchange. In London, Brent crude for December delivery added 78 cents to settle at $78.89 on the ICE Futures ...

  • NYMEX-Crude skids over 3 pct as jobless ranks swell 6 Nov 2009 17:25 GMT
    ... New York. "Surplus stocks, soft demand, rising OPEC production and an ongoing projected supply/demand surplus ... high was $80.34. * In London, December Brent crude LCOZ9 was down $2.51, or 3.22 percent, at $75.48 a barrel, trading from $75.40 ...

  • NYMEX-Crude ends nearly 3 pct off on jobless gloom 6 Nov 2009 21:24 GMT
    ... Galena, Illinois. "Surplus stocks, soft demand, rising OPEC production and an ongoing projected supply/demand surplus ... or 0.56 percent. * In London, December Brent crude LCOZ9 ended down $2.12, or 2.72 percent, at $75.87 a gallon, trading from $75.25 ...

  • Oil rises to $79 on bullish U.S. factory data 3 Nov 2009 18:20 GMT
    ... barrel to $79.20 by 1750 GMT. London Brent crude futures rose $1.15 to $77.70 a barrel. Traders were also awaiting weekly U.S. oil ... the economy that could raise oil demand. OPEC member Venezuela, however, said Tuesday it saw ...

  • Oil rises above $79 on U.S. factory data, gold surge 3 Nov 2009 19:12 GMT
    ... barrel to $79.44 by 1815 GMT. London Brent crude futures rose $1.54 to $78.09 a barrel. Crude prices fell earlier in the day ... the U.S. Department of Energy on Wednesday. OPEC member Venezuela said Tuesday it saw no ...

  • Oil Rises to $79 on Bullish Factory Data 3 Nov 2009 20:12 GMT
    ... barrel to $79.20 by 1750 GMT. London Brent crude futures rose $1.15 to $77.70 a barrel. Traders were also awaiting weekly U.S. oil ... the economy that could raise oil demand. OPEC member Venezuela, however, said Tuesday it saw ...

  • Oil rises to US$79 3 Nov 2009 20:54 GMT
    ... barrel to $79.20 by 1750 GMT. London Brent crude futures rose $1.15 to $77.70 a barrel. Traders were also awaiting weekly US oil ... the economy that could raise oil demand. Opec member Venezuela, however, said Tuesday it saw ...

  • Oil rises 2 pct on U.S. factory data, gold surge 3 Nov 2009 20:54 GMT
    ... a barrel to settle at $79.60. London Brent crude futures rose $1.56 to settle at $77.81 a barrel. U.S. retail gasoline demand last ... the U.S. Department of Energy on Wednesday. OPEC member Venezuela said it saw no need ...

  • Oil rises 2% on US factory data, gold surge 3 Nov 2009 22:16 GMT
    ... a barrel to settle at $US79.60. London Brent crude futures rose $US1.56 to settle at $US77.81 a barrel. US retail gasoline demand last ... the US Department of Energy on Wednesday. OPEC member Venezuela said it saw no need ...

  • Oil: back to $80 per barrel as dollar slides 4 Nov 2009 20:53 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... the New York Mercantile Exchange. In London, Brent crude for December delivery added 78 cents to settle at $78.89 on the ICE Futures ...

  • Oil prices jump above $80 despite flat demand 5 Nov 2009 01:32 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... the New York Mercantile Exchange. In London, Brent crude for December delivery rose 87 cents to $78.98 on the ICE Futures exchange. The ...

  • Oil back to $80 on weak dollar 5 Nov 2009 05:34 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... the New York Mercantile Exchange. In London, Brent crude for December delivery added 78 cents to settle at $78.89 on the ICE Futures ...


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