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

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  • OPEC basket price up 95 cents to USD 76.73 pb 24 Nov 2009 19:14 GMT
    ... Nov 24 (KUNA) -- The price of OPEC basket of 12-crudes gained 95 cents on ... USD 75. 78 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced. According to OPEC bulletin, the ... (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light ...

  • OPEC to keep production levels unchanged - Kuwait 17 Nov 2009 09:12 GMT
    ... Kuwait’s 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 ...

  • OPEC to keep production steadyKuwait exec 17 Nov 2009 09:33 GMT
    ... KUWAIT CITY—Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah ... Ahmad Abdullah al-Sabah said on Tuesday the Organization of the Petroleum Exporting Countries (OPEC) will leave its production unchanged at its ...

  • Iran, Kuwait Pledge Cooperation During Rare PM Visit 21 Nov 2009 18:22 GMT
    ... Iran, Kuwait Pledge Cooperation During Rare PM Visit TEHRAN ... Muslim country, are both members of the Organization of the Petroleum Exporting Countries (OPEC). But Gulf Arab states are concerned about ...

  • IEA says sees little OECD oil demand recovery 17 Nov 2009 17:14 GMT
    ... patchy state of global recovery could prompt OPEC to keep output steady at its next ... levels does not make any sense." The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola on Dec. ... million barrels per day (bpd) last year. Kuwait's oil minister Sheikh Ahmad al-Abdullah al-Sabah said ...

  • Opec to keep production steady, Kuwait 17 Nov 2009 10:33 GMT
    ... Kuwait City - Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said on Tuesday Opec will leave its production unchanged at its meeting next month, adding that current oil ...

  • Kuwaiti oil minister says OPEC not to change output in next meeting 17 Nov 2009 11:55 GMT
    ... Kuwaiti Oil Minister Sheikh Ahmad Al-Abdullah Al-Sabah said Tuesday the Organization of Petroleum Exporting ... Tuesday the Organization of Petroleum Exporting Countries (OPEC) will not change output in its December ...

  • Kuwaiti Oil Minister: OPEC Not To Change Oil Output 17 Nov 2009 13:33 GMT
    ... Kuwaiti Oil Minister: OPEC Not To Change Oil Output (RTTNews) - Kuwaiti Oil Minister Sheikh Ahmad Al-Abdullah Al-Sabah ...

  • Kuwait recovery slow despite huge resources: HSBC official 18 Nov 2009 21:18 GMT
    ... KUWAIT, Nov 18, 2009 (Kuwait Times - McClatchy-Tribune Information Services via COMTEX) -- Chief economist ... growth in the countries' production of outside OPEC caused the energy market to tighten. But ...

  • Speculation strong factor in oil market conditions -- Kuwaiti oil official 16 Nov 2009 17:54 GMT
    ... By Ahmad Hajjaji KUWAIT, Nov 16 (KUNA) -- Speculation plays a great role in determining the state of the ... factors pushing prices up is a sustained OPEC production cut and signs the global economy ...

  • 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 stand at ... demand. The Organization of Petroleum Exporting Countries (OPEC) said high speculations in energy stock exchange ...

  • OPEC not to change production levels -- Minister of Oil 17 Nov 2009 17:34 GMT
    ... KUWAIT, Nov 17 (KUNA) -- The Organization of Petroleum Exporting Countries (OPEC) is not about to change output in its next meeting due in December, Minister ...

  • $75 to $80 is good, comfortable price: Kuwait Minister 18 Nov 2009 13:16 GMT
    ... Seventy-five to 80 dollars a barrel is a good and comfortable price level, Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said Tuesday. Talking to reports, al Sabah said that OPEC would not change its production from current level. His comments match those of OPEC ...

  • Kuwaiti MP files to quiz defence minister 19 Nov 2009 12:40 GMT
    ... Kuwaiti MP files to quiz defence minister An Islamist opposition MP has filed a motion to ... are senior members of the ruling family. OPEC member Kuwait has been embroiled in political ...

  • Kuwaiti MP files to quiz de... 19 Nov 2009 16:13 GMT
    ... Kuwait City, November 19: An Islamist opposition MP on Thursday filed to quiz Kuwaiti Defence ... are senior members of the ruling family. OPEC member Kuwait has been embroiled in political ...


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