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Saturday November 7, 2009
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OPEC Output News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC Output 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 was not currently on the agenda for ...

  • Raising output not on OPEC agenda now 7 Nov 2009 13:07 GMT
    ... DUBAI - United Arab Emirates Oil Minister Mohammed Al Hamli said on Saturday raising oil production was not currently on the agenda for OPEC. ‘Right now increasing production is not on the agenda,’ Hamli told reporters in Dubai. ...

  • Raising output not on OPEC agenda now, says UAE Oil Minister 7 Nov 2009 20:32 GMT
    ... UNITED Arab Emirates Oil Minister Mohammed al-Hamli said today that raising oil production was not currently on the agenda for OPEC. “Right now increasing production is not on the agenda,” Hamli told reporters in Dubai. ...

  • UAE says oil cuts should remain 7 Nov 2009 15:51 GMT
    ... Last Updated: November 07. 2009 7:23PM UAE / November 7. 2009 3:23PM GMT DUBAI // The ... // The UAE has joined a growing OPEC contingent that has been calling for the ... the group to stay the course on production cuts when it meets on December 22. ...

  • Petroleum Complex Outlook for November 6, 2009 7 Nov 2009 03:00 GMT
    ... - An Excerpt from CRB'S Futures Market Service Crude oil prices corrected down to a 3-week ... to 81.9%) and which also signals further production cuts in gasoline and distillate products in ... Libya's top oil official who said that OPEC may keep production quotas unchanged when it ...

  • That '70s Crisis 7 Nov 2009 02:56 GMT
    ... A capitalist economy is like a very complex machine. It involves millions of individuals and capitalist ... period. The real average hourly earnings of production workers increased at an average rate of ... in Vietnam. “If instead of in 1973, OPEC had tried to raise prices and restrict ...

  • U.S. Economy, Investors Say No Worries Mate 7 Nov 2009 09:31 GMT
    ... The only way that this analyst can reconcile the (apparently optimistic) behavior of US investors with the ... way of example, there’s a problem that OPEC analysts’ seem to have missed, and here it ... a day then the cumulative increase in output for June through September is: 3 (months) ...

  • Output hike 'not on Opec agenda' 7 Nov 2009 12:30 GMT
    ... ...

  • 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 ... to Gulf Arab states and other Arab OPEC members. It has signed a refinery deal with ... little-known Chinese company signed a $7 billion mining deal with Guinea's repressive military regime only ...

  • Raising output not on OPEC agenda now - UAE oil min 7 Nov 2009 15:51 GMT
    ... ...

  • INTERVIEW - Canada steps up oil sands push in United States 7 Nov 2009 07:17 GMT
    ... Canada has mounted its biggest campaign yet to sell the United States on the energy security ... oil to the United States, topping such OPEC suppliers as Saudi Arabia and Venezuela. Much ... as well as how to make energy production more efficient to offset some of the ...

  • Suncor Energy Releases First Quarterly Results Following Merger With Petro-Canada 6 Nov 2009 07:50 GMT
    ... All financial figures are unaudited and in Canadian dollars unless noted otherwise. Certain financial measures ... sands operations as a result of increased production and sales volumes. These factors were partially ... performance, drilling results, facility reliability, changes in OPEC production quotas and successful execution of planned ...

  • Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3% 6 Nov 2009 16:31 GMT
    ... Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an ... an Increase is Forecasted in Kuwaiti Oil Production of 29.3% DUBLIN, Nov 06, 2009 (BUSINESS ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ... said that his organization would consider boosting production to preserve the global recovery if prices ...

  • NYMEX-Crude skids over 3 pct as jobless ranks swell 6 Nov 2009 17:25 GMT
    ... NEW YORK, Nov 6 (Reuters) - U.S. crude futures were down more than 3 percent near midday ... New York. "Surplus stocks, soft demand, rising OPEC production and an ongoing projected supply/demand surplus all ...


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