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Wednesday November 25, 2009
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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

  • Oil prices down as US economic growth expected to weaken 25 Nov 2009 07:53 GMT
    ... in the Organization of Petroleum Exporting Countries (OPEC) in October. OPEC will hold a meeting ... market will close early on Friday. Meanwhile, Brent crude oil for January delivery hiked 3 cents to USD 76.69 pb. On Tuesday, it ...

  • Crude Oil Drops Below $76 as Weaker US Growth May Cut Demand 25 Nov 2009 06:16 GMT
    ... was deeper. This range is very long and the daily indicators are breaking supports.” Brent crude oil for January delivery on the London-based ICE Futures Europe exchange rose 34 ...

  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... settle at $76.02 a barrel. In London, Brent crude settled down $1.00 at $76.46. Data may show that US crude oil and fuel ... a report from MasterCard SpendingPulse on Tuesday. Opec, the exporters' group that pumps one in ...

  • MARKET WATCH: Natural gas prices rise as crude closes flat 24 Nov 2009 19:31 GMT
    ... appears to be constrained by expectations surrounding OPEC policy, amid signs sent by the producing ... the January IPE contract for North Sea Brent crude increased 26¢ to $77.46/bbl. Gas oil for December closed at $628.25/tonne, up ...

  • Oil slides as demand worries remain 24 Nov 2009 19:16 GMT
    ... delivery, sank $1.06 to $76.40 a barrel. Brent crude for January delivery dipped $1.58 to $75.98. Oil prices have slumped from record highs ... struggling to recover following the financial crisis. OPEC president Jose Maria Botelho de Vasconcelos has ...

  • Oil falls below $77 ahead of U.S. stocks data 24 Nov 2009 15:00 GMT
    ... 9 cents at $77.56 on Monday. London Brent crude was down 60 cents to $76.86. With ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ...

  • Oil mixed as demand worries remain 24 Nov 2009 13:36 GMT
    ... rose 28 cents to $77.74 a barrel. Brent crude for January delivery dipped four cents to $77.42. Oil prices slumped from record ... struggling to recover following the financial crisis. OPEC president Jose Maria Botelho de Vasconcelos has ...

  • MARKET WATCH: Crude prices slide; gas prices inch up 23 Nov 2009 19:43 GMT
    ... was down 34¢ to $3.19/MMbtu. In London, the January IPE contract for North Sea Brent crude lost 44¢ to $77.20/bbl. Gas oil for December fell by $11.75 to $609.25/tonne. ...

  • UPDATE 1-Rosneft sells first Kozmino oil cargo to IPP 23 Nov 2009 17:24 GMT
    ... a premium of $1.7 per barrel over Brent crude , based on oil prices throughout November. Many of the competing bids, however, were ... crude oil producer, as Riyadh persists with OPEC-agreed cuts. Rosneft will be one of the ...

  • Oil rises more than 1% on weaker greenback 23 Nov 2009 12:35 GMT
    ... a day high of $US78.52 earlier. London Brent crude rose $US1.10 to $US78.30. The rapid growth ... would also probably be capped by the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up ...

  • Oil rises more than 1% as dollar swings lower 23 Nov 2009 10:10 GMT
    ... after having risen by $1 earlier. London Brent crude rose $1.04 to $78.24. “The rising Iran tensions, alongside US dollar weakness and gold’s ... upside would also probably be capped by Opec, which has indicated that any quick run-up ...

  • Oil rises more than 1 pct as dollar swings lower 23 Nov 2009 09:13 GMT
    ... after having risen by $1 earlier. London Brent crude rose $1.04 to $78.24. "The rising Iran tensions, alongside U.S. dollar weakness and ... upside would also probably be capped by OPEC, which has indicated that any quick run-up ...

  • Oil above $78 on Iran tensions 23 Nov 2009 08:54 GMT
    ... concerns about the energy demand outlook. London Brent crude gained 75 cents to $77.95. Iran's armed forces launched air defence war games yesterday ... upside would also probably be capped by OPEC, which has indicated that any quick run-up ...

  • Oil rises more than 1 percent as dollar swings lower 23 Nov 2009 08:00 GMT
    ... after having risen by $1 earlier. London Brent crude rose $1.04 to $78.24. "The rising Iran tensions, alongside U.S. dollar weakness and gold's ... upside would also probably be capped by OPEC, which has indicated that any quick run-up ...

  • Oil above $78 amid fresh Iran tensions 23 Nov 2009 05:57 GMT
    ... concerns about the energy demand outlook. London Brent crude gained 79 cents to $77.99. Iran’s armed forces launched large-scale air defence war games ... prices would likely also be capped by Opec, which has indicated that any quick run-up ...


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