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Saturday November 7, 2009
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Latest OPEC Meeting News

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  • Raising output not on OPEC agenda now-UAE oil min 7 Nov 2009 12:11 GMT
    ... United Arab Emirates' Oil Minister Mohammed al-Hamli arrives at a hotel for OPEC meeting in... United Arab Emirates Oil Minister Mohammed al-Hamli said on Saturday raising oil production ...

  • Amir''s participation at COMSEC summit out of keenness to enhance external ties 7 Nov 2009 18:23 GMT
    ... By Adnan Al-Failakawi KUWAIT, Nov 7 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber ... among top leaders at the scheduled top-level meeting is in line with his basic policy ... of the Organization of Petroleum Exporting Countries (OPEC), that was hosted by Riyadh, where His ...

  • TEXT - Communique from G20 meeting in Scotland 7 Nov 2009 16:16 GMT
    ... ST ANDREWS, Scotland, Nov 7 (Reuters) - Following is the text of the communique issued ... ministers and central bank governors at their meeting in St. Andrews, Scotland. 1. We, the ... Recovery Programme. We call on the IEA, OPEC, OECD and World Bank to produce a ...

  • Communique from G20 meeting in Scotland 7 Nov 2009 17:55 GMT
    ... ST ANDREWS, Scotland (Reuters) - Following is the text of the communique issued by finance ... ministers and central bank governors at their meeting in St. Andrews, Scotland. 1. We, the ... Recovery Programme. We call on the IEA, OPEC, OECD and World Bank to produce a ...

  • Kuwait curbs use of ozone-depleting materials - official 7 Nov 2009 19:56 GMT
    ... MARSA ALAM, Egypt, Nov 7 (KUNA) -- Kuwait does its best to curb the importation of materials ... adopted the Protocols in 1992 and the Vienna Accords regarding the ozone layer, it has ... million to the fund set up by OPEC in 2007 to pursue research and studies into ...

  • China offers Africa more trade, investment 7 Nov 2009 13:55 GMT
    ... SHARM EL-SHEIK, Egypt - China appeared on Saturday to be adopting a more nuanced investment ... generate the most value," he said. The meeting Sunday in the Egyptian Red Sea resort ... to Gulf Arab states and other Arab OPEC members. It has signed a refinery deal ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... VIENNA, Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents on ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ...

  • Oil minister signs letter of intentions with Equador 6 Nov 2009 15:47 GMT
    ... Oil minister signs letter of intentions with Equador Quito - Angola and Equador on Thursday ... to the Organization of Petroleum Export Countries (OPEC) chaired by the angolan oil minister, whose ... expire in December during the OPEC 155th meeting in Luanda and will be replaced by ...

  • Mercedes-Benz E500 Coupé is a machine to prove to the world that you are someone of substance. 6 Nov 2009 00:33 GMT
    ... Commencing on the day of a crucial meeting of the world's oil producers, Opec, my 24 hours thankfully started with a full tank of fuel. The long, pedestrian-friendly, ...

  • Gold maintains push towards $1,100 level 6 Nov 2009 11:34 GMT
    ... Published: November 6 2009 10:42 | Last updated: November 6 2009 10:42 Gold traded within touching ... barrel. Jose Botelho de Vasconcelos, president of Opec, said during an oil sector meeting in Ecuador on Thursday that prices were ...

  • Venezuela to urge keeping OPEC production steady 3 Nov 2009 23:16 GMT
    ... Caracas, Nov 3, 2009 (EFE via COMTEX) -- Venezuela will propose "maintaining the same production level" ... the same production level" at the next meeting of the Organization of Oil Exporting Countries, ... production level and the same commitment that OPEC has for the (production) cuts should be ...

  • Venezuela does not support increase in OPEC output quotas 3 Nov 2009 20:50 GMT
    ... Venezuela does not share increase in OPEC's production quota Delegates from more than 100 ... share" the position according to which the Organization of the Petroleum Exporting Countries (OPEC) should heighten production due to the ... support a "cautious" position in the OPEC meeting to be held in Angola in December. ...

  • OPEC weekly oil prices fall amidst slow U.S. growth 3 Nov 2009 00:52 GMT
    ... The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) dropped last week, falling by 0.61 U.S. dollars ... week to 76.03 dollars per barrel, the Vienna-based cartel said Monday. Earlier, OPEC weekly oil ...

  • OPEC basket price down 59 cents to USD 74.97 pb 3 Nov 2009 16:17 GMT
    ... VIENNA, Nov 3 (KUNA) -- The price of OPEC basket of twelve crudes dropped 59 cents yesterday ... from USD 75.56 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Tuesday. The annual average ...

  • Iran denies claims of violating OPEC quota 2 Nov 2009 02:14 GMT
    ... Iran's OPEC governor Mohammad-Ali Khatibi on Sunday denied the ... Exporting Countries (OPEC) had, in its Algeria meeting in December 2008, agreed on an overall ...


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