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Latest OPEC Algeria News

  • Ethanol: Good worth the bad?: Greener additive may not be good for engines 9 Jul 2008 01:30 GMT
    ... comes from off-farm costs, energy-intensive costs like processing, packaging, labor and transportation. Chakib Khelil, Algerian energy minister and current president of the Organization of Petroleum Exporting Countries, said in ...

  • High Oil Prices: Is That The 800 Pound Russian Bear Dancing In The Trading Pits 8 Jul 2008 20:51 GMT
    ... OPEC, speculation in commodities market, hedge funds, the ... Wealth Funds of the UAE, Kuwait, Qatar,Libyia, Algeria and of course Saudi Arabia were cited as having enormous wealth tied up in their sovereign ...

  • Africa asks G8 to honor aid promise 8 Jul 2008 05:30 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... by showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • Strong demand will keep oil prices up 8 Jul 2008 04:27 GMT
    ... ALGIERS, Algeria (AP) - OPEC chief Chakib Khelil says the world's surging oil prices are not likely to fall. ...

  • African leaders ask G8 to honor aid promise 8 Jul 2008 00:30 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... by showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • Price rise doesn't spell gold for oil majors 7 Jul 2008 23:25 GMT
    ... no longer confined to within their borders," OPEC president, Mr Chekib Khelil, said, citing the ... China’s Sinoc and CNPC, Malaysia’s Petronas or Algeria’s Sonatrach. "A lot of international companies were previously national companies, such as BP ...

  • Futures Movers: Crude falls first day in four as Iran softens nuclear views 7 Jul 2008 20:23 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Crude falls first day in four as Iran softens nuclear views 7 Jul 2008 20:22 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Futures Movers: Crude pares losses after falling nearly $6 a barrel earlier 7 Jul 2008 18:51 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Crude pares losses after falling nearly $6 a barrel earlier 7 Jul 2008 18:50 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Futures Movers: Crude futures fall nearly $6 a barrel as dollar rises 7 Jul 2008 16:51 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • OPEC chief blames Fed, ethanol 7 Jul 2008 16:50 GMT
    ... OPEC president blames ethanol for crude-price rise Khelil ... the coming weeks," Chakib Khelil -- the Algerian energy minister and currently president of the Organization of Petroleum Exporting Countries -- ...

  • Crude futures fall nearly $6 a barrel as dollar rises 7 Jul 2008 16:50 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • African leaders urge G8 to honour aid 7 Jul 2008 14:56 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... as showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • Crude-oil futures fall 3% as dollar gains 7 Jul 2008 14:55 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and currently president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Futures Movers: Crude-oil futures fall 3% as dollar gains 7 Jul 2008 14:13 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and currently president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • African leaders urge G8 to honour aid pledge 7 Jul 2008 14:12 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... as showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • Futures Movers: Oil futures fall more than 3% as dollar gains 7 Jul 2008 13:52 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and currently president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • Crude-oil futures fall $5 a barrel; dollar gains; U.S. stocks rise 7 Jul 2008 13:50 GMT
    ... "The price of oil will rise again in the coming weeks," said Chakib Khelil, Algeria's energy minister and currently president of OPEC, in an interview with an Algerian newspaper. "We have to follow the evolution of ...

  • G8 called to honour aid pledge 7 Jul 2008 13:14 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... as showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • African leaders call on G8 to honor aid pledge 7 Jul 2008 11:35 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... as showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • African leaders call on G8 to honour aid pledge 7 Jul 2008 11:15 GMT
    ... "serious threat". Japan invited the leaders of Algeria, Ethiopia, Ghana, Nigeria, Senegal, South Africa and Tanzania to join the day's ... as showing their leadership in talks with OPEC countries," a Japanese official said after the ...

  • Opec blames dollar for surging oil price 7 Jul 2008 09:53 GMT
    ... backdrop of a poorly performing US economy. OPEC chief Chakib Khelil said overnight that he ... to fall. Khelil, who is also the Algerian energy minister, is on record as saying that he believes global prices of crude will ...

  • Gasoline Price War hits the Senate 7 Jul 2008 08:15 GMT
    ... of this problem.” We -- and the OPEC cartel -- have drilled our way into ... 6, OPEC chief Chakib Khelil told an Algerian news service that the price of oil will continue to rise because of the falling value ...

  • Oil prices continue to surge: OPEC president 7 Jul 2008 07:35 GMT
    ... Oil prices continue to surge: OPEC president Oil prices will continue to surge ... OPEC chief during an interview in the Algeria-News. "The price of oil will rise again in the coming weeks. We have to follow ...


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