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Tuesday November 24, 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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  • Too early to talk about output changes: OPEC 16 Nov 2009 07:13 GMT
    ... ABU DHABI - OPEC president Jose Botelho de Vasconcelos told it ... the cartel to make a decision on production changes before the December meeting because the ... per cent," Botelho de Vasconcelos added. The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on December ...

  • OPEC to keep production levels unchanged - Kuwait 17 Nov 2009 09:12 GMT
    ... oil minister said on Tuesday he expected OPEC to keep production levels unchanged when it meets in December, ... cartel would push for better compliance. The Organization of the Petroleum Exporting Countries, which pumps more than a third of ...

  • WRAPUP 1-OPEC president says too early for output decision 16 Nov 2009 09:44 GMT
    ... ABU DHABI, Nov 16 (Reuters) - OPEC president Jose Botelho de Vasconcelos said on ... exporters' group to make a decision on production changes before its December meeting, as the ... meeting, as the market remained oversupplied. The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on Dec. ...

  • OPEC president says too early for output decision 16 Nov 2009 12:13 GMT
    ... at 14:18 ABU DHABI, Monday (Reuters) - OPEC president Jose Botelho de Vasconcelos said on ... exporters' group to make a decision on production changes before its December meeting, as the ... meeting, as the market remained oversupplied. The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on December ...

  • 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 ...

  • OPEC head says $80 a barrel 'good price' 16 Nov 2009 09:53 GMT
    ... ABU DHABI—(UPDATE) The president of Organization of the Petroleum Exporting Countries (OPEC) told reporters Monday that $75 to $80 ... of compliance by OPEC members with their production quotas "is around 65 percent," De Vasconcelos ...

  • Iran to add 14 mln liters of gasoline to daily output 18 Nov 2009 03:15 GMT
    ... news agency reported. Masoud Mirkazemi said the production of gasoline in Iran's three petrochemical plants ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ...

  • Iran to Add 14 mln Liters of Gasoline to Daily Output: Minister 17 Nov 2009 17:15 GMT
    ... news agency reported. Masoud Mirkazemi said the production of gasoline in Iran's three petrochemical plants ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ...

  • OPEC to keep production steadyKuwait exec 17 Nov 2009 09:33 GMT
    ... KUWAIT CITY—Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said on Tuesday the Organization of the Petroleum Exporting Countries (OPEC) will leave its production unchanged at its meeting next month, adding that current oil price was "comfortable." "Nothing. ...

  • Opec may hike output if price, demand jump - Nigeria 19 Nov 2009 16:14 GMT
    ... Opec may hike output if price, demand jump ... said Opec was unlikely to cut oil production as long as oil prices stayed at ...

  • 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 ...

  • The bulls & bears behind oil 19 Nov 2009 00:15 GMT
    ... in the market. Major forecasters, including the Organization of the Petroleum Exporting Countries, the International Energy Agency and the U.S. ... use triggered by financial crisis. Demand for OPEC crude is expected to stay low. Weak ... according to analyst estimates <OPEC/O> but although production has risen informally, there has been no ...


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