OPEC Saudi Arabia News
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Latest OPEC Saudi Arabia News
- 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 ... Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). Observers ...
- Peak oil, prices, and supplies - Nov 24 24 Nov 2009 20:48 GMT
... which oil historian Daniel Yergin calls "the Saudi Arabia of 19th-century oil." For many years, ... 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 crude oil, after Saudi Arabia, Russia and Norway. Analysts at Commerzbank ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...
- Response to George Will: "There is still no alternative to oil" 24 Nov 2009 19:35 GMT
... the oil supply situation. As an example, non-OPEC oil production (crude oil + condensate) reached ... the world’s largest oil field is Ghawar (Saudi Arabia) which has been in production since around 1950. Well over half of the oil ...
- Gulf economies 'will recover in 2010,' risks remain ' poll 24 Nov 2009 00:11 GMT
... crisis sent the top Gulf economies – Saudi Arabia and the United Arab Emirates (UAE) – into a downturn this year, freezing credit ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ...
- New features at IPTC highlight oil and gas industry benefits to potential recruits, help young professionals survive economic downturn 24 Nov 2009 10:30 GMT
... the Organisation of the Petroleum Exporting Countries (OPEC) and the Organisation of Arab Petroleum Exporting ... RasGas, Shell, PETRONAS, BP, Kuwait Oil Company, Saudi Aramco, OXY, Qatar Gas, Baker Hughes and Schlumberger. ...
- Welcome message from US on climate 24 Nov 2009 16:34 GMT
... from industrialised states. Major oil producers, including Saudi Arabia, would benefit from playing a bigger role in climate change talks, Mr Howard ... oil, a position backed by Qatar and OPEC officials. But Mr Howard predicted the idea ...
- Vienna to mull Nabucco & South Stream 24 Nov 2009 11:16 GMT
... to quote but a few subjects. Representatives of governments, international organizations and companies, particularly, OPEC, the Ministry of Petroleum and Mineral Resources of Saudi Arabia, Total, Chevron, the European Investment Bank, BG Group, the Islamic Development Bank, European Bank for Reconstruction and Development and ...
- The Case Against An Energy Comeback 24 Nov 2009 19:15 GMT
... be enough to overwhelm supplies and drive up prices, however, says Jacazio of Barclays. Saudi Arabia and other OPEC nations have added about 5 million barrels a day of excess pumping capacity and ...
- Oil Scene: Uncertainty haunts the energy world 22 Nov 2009 02:43 GMT
... while projecting their long-term incomes and expenses. OPEC (Organization of the Petroleum Exporting Countries) producers could lose $4 trillion in revenue ... http://www.arabnews.com. Copyright (c) 2009, Arab News, Jeddah, Saudi Arabia Distributed by McClatchy-Tribune Information Services. For ...
- 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 ... the group has traditionally considered comfortable. But Saudi Arabian oil minister Ali al-Naimi predicted confidence ...
- Crude futures rise above $78 on Iran worries 23 Nov 2009 11:52 GMT
... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of crude oil after Saudi Arabia, Russia and Norway. Analysts at Commerzbank, ... over supply disruptions are overdone," saying that OPEC members have spare daily production capacity currently ...
- Crude rises on weaker dollar, Iran concerns 23 Nov 2009 14:06 GMT
... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of crude oil, after Saudi Arabia, Russia and Norway. Analysts at Commerzbank ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...
- OPEC chief supports Saudi compensation appeal 23 Nov 2009 07:46 GMT
... Monday, November 23 - 2009 at 10:38 UAE local time (GMT+4) Replication or redistribution in ...
- World Oil Production Forecast - Update November 2009 23 Nov 2009 19:03 GMT
... is expected to decline further as non OPEC annual oil production and is forecast to ... from Russia, Norway, the UK and Mexico. Saudi Arabia's crude oil production By 2011, OPEC will not have the ability to offset ...
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