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  • 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 recovers, in ...

  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... Oil price falls after US growth disappoints By Joshua Schneyer New York - Oil prices fell ... rose last week, as Gulf of Mexico production recovered after a tropical storm shut platforms ... a report from MasterCard SpendingPulse on Tuesday. Opec, the exporters' group that pumps one in ...

  • 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 production quantity. The organization agreed during its meeting ...

  • Palinology: A Dinosaur Energy Policy 25 Nov 2009 00:14 GMT
    ... During last year's presidential campaign, Sarah Palin presented herself as an expert on energy. ... would drag up from the wilderness, the OPEC gang would respond, as they have done ... a field-by-field analysis of the world's oil production areas published last year, the IEA reported ...

  • 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 ... Dec. 22 in Luanda, Angola, to discuss production targets. The group agreed at its Sept. ...

  • 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 ... accounts for two thirds of the global production of oil decided last September to stick ...

  • World oil demand growth to outpace supply in 2010 24 Nov 2009 12:54 GMT
    ... (bpd) next year to 85.9 million bpd. At the same time, 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 bpd in total. “The key question for ...

  • POLL - World oil demand growth to outpace supply in 2010 24 Nov 2009 13:51 GMT
    ... (bpd) next year to 85.9 million bpd. At the same time, 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 bpd in total. Click here for a ...

  • World oil demand growth to outpace supply in 2010: poll 24 Nov 2009 12:53 GMT
    ... At the same time, the rise in production from outside the Organization of the Petroleum Exporting Countries and output of is seen growing by ... or above where they were in 2008." Non-OPEC output is seen averaging 51 million bpd ...

  • Peak oil, prices, and supplies - Nov 24 24 Nov 2009 20:48 GMT
    ... (bpd) next year to 85.9 million bpd. At the same time, 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 bpd in total. "2010 is really a ...

  • Oil falls below $77 ahead of U.S. stocks data 24 Nov 2009 15:00 GMT
    ... for the week to November 20, as production rebounded from Gulf of Mexico disruptions caused ... 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 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 amounting to slightly less than ...

  • 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. ...

  • 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 ... OPEC countries keep the current scale of production, pointing out that the previous decision taken ...

  • Response to George Will: "There is still no alternative to oil" 24 Nov 2009 19:35 GMT
    ... Response to George Will: "There is still no alternative to oil" George Will had quite a ... the oil supply situation. As an example, non-OPEC oil production (crude oil + condensate) reached its highest ...


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