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

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  • Oil slips towards $78 on dollar, demand concern 19 Nov 2009 16:03 GMT
    ... in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... Global Markets. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than 2 percent, eyes dollar, equities 19 Nov 2009 17:46 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2, eyes equities, dollar 19 Nov 2009 19:34 GMT
    ... in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $US2, eyes equities, US dollar 19 Nov 2009 20:19 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... $US7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2 on equities, dollar 19 Nov 2009 22:12 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than 2 pc, eyes dollar, equities 19 Nov 2009 22:42 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil slips towards $79 on dollar, demand concern 19 Nov 2009 11:13 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... Global Markets. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil slips towards $US79 on dollar, demand concern 19 Nov 2009 12:19 GMT
    ... inventories in the world's largest oil consumer. Crude stocks fell a more-than-expected 900,000 barrels and while ... Global Markets. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • OPEC: world oil demand to rise slightly in 2010 18 Nov 2009 23:34 GMT
    ... -- The Organization of Petroleum Exporting Countries reported that the world’s economic recovery will ... of 0.9%. In its latest monthly report, OPEC forecast that the world economy will grow 2.9% ... stocks could further constrain refinery operations, impacting crude stock movements. • US commercial oil stocks dropped ...

  • MARKET WATCH: Crude price climbs; gas declines 18 Nov 2009 19:34 GMT
    ... -- Crude prices continued climbing Nov. 17 despite a strengthening US dollar, but the front-month ... a 4.9 million bbl draw on US crude stocks. However, Olivier Jakob at Petromatrix, Zug, Switzerland, ... higher by 1.4 million b/d. According to OPEC, demand will be higher by 800,000 b/d. ...

  • NYMEX-Crude choppy amid dollar rise, options expiry 17 Nov 2009 15:34 GMT
    ... NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures seesawed near unchanged on Tuesday as the ... state of global economic recovery could prompt OPEC to keep output steady at its next ... petroleum inventory data yielded a forecast for crude stocks to have risen 100,000 barrels last week. ...

  • NYMEX-Crude gains more, post-settle, on API draw 17 Nov 2009 22:55 GMT
    ... NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures rose slightly in post-setttlement trading on Tuesday ... data showed a larger-than-expected drawdown in domestic crude stocks last week. Heating oil futures also extended ... * Kuwait's oil minister said he expected OPEC to keep output levels unchanged but push ...

  • Oil Rises a Third Day as Industry Report Shows Lower Stockpiles 18 Nov 2009 13:36 GMT
    ... Nov. 18 (Bloomberg) -- Oil advanced for a third day, rising above $80 a barrel after an ... bullish data showing a higher-than-expected draw on crude stocks, indicating that demand is improving,” said , ... much importance,” Saltvedt at Nordea Bank said. “OPEC members have said the group won’t officially ...

  • NYMEX-Crude ends higher as product futures support 17 Nov 2009 21:51 GMT
    ... NEW YORK, Nov 17 (Reuters) - U.S. crude oil futures ended higher on Tuesday, recovering from earlier ... forecast a 300,000 barrel drawdown in domestic crude stocks in the week to Nov. 13. A ... expected. KUWAIT'S OIL MINISTER SAID HE EXPECTED OPEC TO KEEP output levels unchanged but push ...

  • Canadian Dollar Range Bound As Oil Remains Capped 18 Nov 2009 20:11 GMT
    ... The USD/CAD continues to remain in a tight range as it takes its lead from oil prices ... energy. The latest EIA report showed U.S. crude stocks fell last week which has provide support ... to make aggressive bets as the December OPEC meeting brings the possibility of increased supply. ...


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