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

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  • Forecast for Crude Oil 17 Nov 2009 23:11 GMT
    ... Led by a global recovery, reduced production, and dollar weakness, oil prices reached above $80/bbl ... The Organization of the Petroleum Exporting Countries’ (OPEC) agreement last year to cut oil production ... growth. Following the triple bottom in 2008, crude oil has pushed higher throughout the first half ...

  • OPEC to keep production levels unchanged - Kuwait 17 Nov 2009 09:12 GMT
    ... oil minister said on Tuesday he expected OPEC to keep production levels unchanged when it ... cartel would push for better compliance. The Organization of the Petroleum Exporting Countries, which pumps more than a third of ... up and there was ample supply of crude oil and gasoline on the markets. OPEC’s monthly ...

  • MCX crude oil edges up on firm global trends 17 Nov 2009 08:17 GMT
    ... Crude oil futures edged up on Tuesday in the ... investors to once again buy into commodities. OPEC President Jose Botelho de Vasconcelos said on ...

  • Crude Oil Drops as Rising Dollar Curbs Demand for Commodities 17 Nov 2009 11:16 GMT
    ... Nov. 17 (Bloomberg) -- Crude oil declined as the dollar rose, curbing demand ... be more than 65 percent, he said. “OPEC is signaling it won’t let prices run ...

  • Kuwait crude oil sheds 44 cents to USD 77.39 bp Nov. 19 20 Nov 2009 20:35 GMT
    ... KUWAIT, Nov 20 (KUNA) -- Kuwait crude oil prices dropped by 44 cents yesterday to ... demand. The Organization of Petroleum Exporting Countries (OPEC) said high speculations in energy stock exchange ...

  • Crude Oil Drops Below $76 as Weaker US Growth May Cut Demand 25 Nov 2009 06:16 GMT
    ... Nov. 25 (Bloomberg) -- Oil was little changed ... In the medium, long term we’re supported.” Crude oil for January delivery traded at $76.21 a ...

  • US Crude Oil - What Is The Most Likely Path 23 Nov 2009 01:13 GMT
    ... After breaking above the range of 65-75 in mid-October, crude oil seems to have developed a new trading ... sustainably rise above 82 in the medium-term OPEC members are satisfied with oil price at ...

  • Nymex crude oil prices closed above $79/bbl mark on Tuesday 18 Nov 2009 09:59 GMT
    ... By Amar Singh, Reena Walia (Angel Broking) Crude oil prices rose for a second day in ... October, the second-highest volume on record. The OPEC is expected to meet on 22nd Dec ...

  • Nymex crude oil prices gained 3.2%, Natural Gas prices closed at $4.65/mmbtu on Monday 17 Nov 2009 09:07 GMT
    ... By Amar Singh, Reena Walia (Angel Broking) Crude oil prices gained 3.2% on Monday as a ... the commodity as an alternative investment. The OPEC is expected to meet on 22nd Dec ...

  • MCX crude oil trades tad up 18 Nov 2009 07:57 GMT
    ... Crude oil prices in the domestic futures market are ... selling. Kuwait's oil minister said he expected OPEC to keep output levels unchanged but push ...

  • Oil demand to outpace supply in 2010 26 Nov 2009 00:55 GMT
    ... 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 ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million ...

  • World oil demand growth to outpace supply in 2010 24 Nov 2009 12:54 GMT
    ... 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 ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million ...

  • POLL - World oil demand growth to outpace supply in 2010 24 Nov 2009 13:51 GMT
    ... 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 ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million ...

  • World oil demand growth to outpace supply in 2010: poll 24 Nov 2009 13:00 GMT
    ... 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 ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million ...

  • Peak oil, prices, and supplies - Nov 24 24 Nov 2009 20:48 GMT
    ... 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 ... including Iraq assessed around 28.9 million bpd, crude oil inventories could fall by almost 150 million ...


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