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Tuesday November 24, 2009
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Organization of the Petroleum Exporting Countries News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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  • Oil rises on Iran Worries, Dollar Weakness 24 Nov 2009 05:33 GMT
    ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...

  • Thoughts On A "Killer" Bing-News Corp Deal & The Myth Of An "OPEC For News" 24 Nov 2009 04:32 GMT
    ... Nov 23, 2009 at 12:23am ET by that Microsoft might try to make Rupert Murdoch happy by ... the AP or Murdoch want is an OPEC for news. They want to control the ...

  • Global oil demand picking up -- study 24 Nov 2009 00:41 GMT
    ... LONDON, Nov. 23 (UPI) -- Global oil demand has at last turned a corner and is on ... was on the rise, and supplies from non-OPEC nations reached their highest level in more ...

  • Urals Crude Falls to 6-Month Low on Increased Production 24 Nov 2009 00:45 GMT
    ... Urals Crude Falls to 6-Month Low on Increased Production MOSCOW — Urals oil, Russia’s benchmark export ... weakening refining margins reduce demand and increasing OPEC production boosts supplies of alternative oil types. ...

  • HIgh oil price would hurt rebound - IEA 24 Nov 2009 02:34 GMT
    ... Oil prices would threaten a rebound in the global economy if they rise beyond current levels, ... curb nascent economic recovery. Oil producing group OPEC meet in December to decide on a ...

  • Gulf economies 'will recover in 2010,' risks remain ' poll 24 Nov 2009 00:11 GMT
    ... DUBAI: Gulf Arab states will enjoy solid growth rates next year thanks to rising oil prices ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ...

  • Press Release: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola  24 Nov 2009 01:07 GMT
    ... IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola Press Release No. 09/425 ... in the first quarter of 2009, while OPEC cut its oil production quotas in response, ...

  • Oil rises 1% 23 Nov 2009 11:52 GMT
    ... a research note on Friday the upside would also probably be capped by the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up in prices is likely to be met ...

  • Iran gained $5 billion on shift from U.S. dollar: state TV 23 Nov 2009 12:16 GMT
    ... nuclear program. has called the U.S. currency a "worthless piece of paper." of the Organization of the Petroleum Exporting Countries (OPEC), Iran suggested oil should be priced in a basket of currencies rather than dollars, ...

  • Crude futures rise above $78 on Iran worries 23 Nov 2009 11:52 GMT
    ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... over supply disruptions are overdone," saying that OPEC members have spare daily production capacity currently ...

  • Oil rises more than 1% on weaker greenback 23 Nov 2009 12:35 GMT
    ... a research note on Friday the upside would also probably be capped by the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up in prices is likely to be met ...

  • Crude rises on weaker dollar, Iran concerns 23 Nov 2009 14:06 GMT
    ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...

  • Base Chemicals And Non-Oil Sectors To Boost The Nigerian... 23 Nov 2009 12:55 GMT
    ... due to unrest in the Niger Delta and reduced production quotas imposed by the Organization of the Petroleum Exporting Countries (OPEC), has had a strong impact on the sector. Frost & Sullivan therefore expects the ...

  • 'Non-OPEC output negatively influencing oil prices' 23 Nov 2009 03:30 GMT
    ... The Iranian oil minister says the increase in crude production by non-OPEC countries has had an adverse impact on oil prices, reprorted. "Although OPEC has lowered ...

  • OPEC chief supports Saudi compensation appeal 23 Nov 2009 07:46 GMT
    ... Monday, November 23 - 2009 at 10:38 UAE local time (GMT+4) Replication or redistribution in ...


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