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Latest OPEC Meeting News

  • Climate change CO2onialism: What impacts for the South? 26 Nov 2009 10:37 GMT
    ... Climate change CO2onialism: What impacts for the South? In its current form, cap-and-trade amounts to ... to six times that resulting from the OPEC oil price hike of the 1970s. Even ... country angrily told participants at a London meeting, "Our countries are not toilets for your ...

  • Can a Good Guy Fix the Worst Thing About College Football? 26 Nov 2009 07:32 GMT
    ... I first met Hancock at the 2004 Summer Olympics in Athens. He was assisting the U.S. Olympic ... athletic institutions, Hancock is essentially defending the OPEC of college football. "I think what's been missing ... start at the top, and propose Beer Summit II with the BCS' most high-profile critic. ...

  • Iran seeks anti-US allies 26 Nov 2009 06:52 GMT
    ... Iranian President Mahmoud Ahmadinejad vowed on Wednesday beside firebrand President Hugo Chavez that Iran ... "broad support" for a resolution at a meeting this week of the UN's atomic watchdog ... the Organisation of the Petroleum Exporting Countries (OPEC), launched joint projects, including a binational bank, ...

  • Ahmadinejad hails anti-US 'brothers' on Venezuela trip 26 Nov 2009 00:24 GMT
    ... "broad support" for a resolution at a meeting this week of the UN's atomic watchdog ... Venezuela and Iran, both members of the Organization of the Petroleum Exporting Countries ( ), ...

  • OPEC likely to maintain output level: Algeria 25 Nov 2009 18:30 GMT
    ... ALGIERS (AFP) – The OPEC oil exporting group is likely to maintain ... to re-examine its production quotas at its meeting next month. and Kuwait have already said ...

  • Oil prices down as US economic growth expected to weaken 25 Nov 2009 07:53 GMT
    ... KUALA LUMPUR, Nov 25 (KUNA) -- Oil prices slipped to below USD 67 per barrel (pb) ... in the Organization of Petroleum Exporting Countries (OPEC) in October. OPEC will hold a meeting on December 22 in Angola to discuss ...

  • Crude Oil Drops Below $76 as Weaker US Growth May Cut Demand 25 Nov 2009 06:16 GMT
    ... Nov. 25 (Bloomberg) -- Oil was little changed ... The group agreed at its Sept. 9 meeting in Vienna to maintain production quotas at 24.845 million ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... Nov 25 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market ... NIGERIA OIL The Nigerian oil minister wants OPEC to limit output until the global economy fully ... A two-day Pan-African Islamic Banking and Finance Summit begins. Officials are expected to address challenges ...

  • MARKET WATCH: Natural gas prices rise as crude closes flat 24 Nov 2009 19:31 GMT
    ... MARKET WATCH: Natural gas prices rise as crude closes flat -- Natural gas prices for December ... appears to be constrained by expectations surrounding OPEC policy, amid signs sent by the producing ... has all but vanished.” CGES said, “Obama’s meeting with his Chinese counterpart, Hu Jintao, did ...

  • OPEC will maintain oil prices stability - Venezuela 24 Nov 2009 19:16 GMT
    ... ALGIERS, Nov 24 (KUNA) -- Venezuelan Minister of Energy and Petroleum Rafael Ramirez called here on ... called here on Tuesday member States of OPEC to make a decision on maintaining the ... stability of oil prices during thier up-coming meeting that will take place in Luanda, Angola, ...

  • 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 ... January, 2009. In December, the 155th extraordinary meeting of the OPEC will be in Luanda, ...

  • Venezuelan says OPEC's aim is stable oil market 24 Nov 2009 16:54 GMT
    ... Algiers, Nov 24, 2009 (EFE via COMTEX) -- Venezuela's energy minister said here Tuesday that the ... next month's Organization of Petroleum Exporting Countries meeting in Angola will be ensuring stability in global "OPEC will conduct in the Angola gathering a ...

  • Oil falls below $77 ahead of U.S. stocks data 24 Nov 2009 15:00 GMT
    ... of the U.S. Federal Reserve's last policy meeting, traders will be scouring the numbers for ... the rise in production from outside the Organization of the Petroleum Exporting Countries and output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ...

  • Oil prices mixed amid demand concerns 24 Nov 2009 13:34 GMT
    ... New York's main contract, light sweet crude for January delivery, rose 28 cents to 77.74 dollars ... struggling to recover following the financial crisis. OPEC president Jose Maria Botelho de Vasconcelos has ... of the world's oil, holds its next meeting to discuss output levels on December 22. ...

  • Vienna to mull Nabucco & South Stream 24 Nov 2009 11:16 GMT
    ... Vienna to mull Nabucco & South Stream The ... of governments, international organizations and companies, particularly, OPEC, the Ministry of Petroleum and Mineral Resources of ...


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