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OPEC United Arab Emirates News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC United Arab Emirates 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 ... Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). Observers say the cold weather ...

  • Welcome message from US on climate 24 Nov 2009 16:34 GMT
    ... Last Updated: November 24. 2009 8:27PM UAE / November 24. 2009 4:27PM GMT The road to climate talks in Copenhagen next month has a ... oil, a position backed by Qatar and OPEC officials. But Mr Howard predicted the idea ...

  • Gulf economies 'will recover in 2010,' risks remain ' poll 24 Nov 2009 00:11 GMT
    ... – Saudi Arabia and the United Arab Emirates (UAE) – into a downturn this year, freezing ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ...

  • Qatar to top Gulf growth 23 Nov 2009 20:55 GMT
    ... November 11-23. Both the Saudi Arabian and UAE economies are expected to grow much more modestly at around 3% in 2010, after a ... did not have to take part in Opec-led oil output cuts, should see GDP growth ...

  • Gulf Growth Outlook Brightens 23 Nov 2009 20:26 GMT
    ... Gulf economies — Saudi Arabia and the UAE — into a downturn this year, freezing credit and forcing the world’s largest oil producing ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ...

  • 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 whole or in part is expressly prohibited without ...

  • Crackdown on commodity trading abuses needed 23 Nov 2009 01:30 GMT
    ... Financial players in commodity markets are turning the ... mega discoveries (eg in Brazil and the Emirates) and an inexorable shift to alternative forms of energy (nuclear, wind, etc) threaten that ... only do financial traders cloud reality, the Opec cartel is forever trying to use supply ...

  • Fast Market Research recommends "Qatar Oil & Gas Report Q4 2009" from Business Monitor International, 22 Nov 2009 20:15 GMT
    ... 16.2% of supply. In terms of the OPEC basket of crudes, the average price in ... is still ranked first, ahead of the UAE, in BMI's updated Upstream Business Environment rating. We see little risk over the ...

  • The Case for Big Oil Shares 22 Nov 2009 19:45 GMT
    ... Oil has not responded proportionately to euro and S&P 500 strength and shown relative weakness ... production surge in the West and Asia, Opec compliance with supply cuts and the dollar’s ...

  • UAE's Real Estate Industry Needs Time to Recover 22 Nov 2009 19:45 GMT
    ... volume of excess capacity varies among the emirates, the economy will absorb them eventually, Manufacturing industries are showing signs of recovery, ... trading sectors, particularly among importers and exporters, UAE banks have emerged from the liquidity crunch ... their consumption. “The G-20 countries pressurise the Opec members for reducing the oil production. But ...

  • Background Notes : Sudan (11/09) 20 Nov 2009 17:19 GMT
    ... Nov 20, 2009 (STATE DEPARTMENT RELEASE/ContentWorks via COMTEX) ... and sesame seeds. Major markets--Egypt, United Arab Emirates, Saudi Arabia, Malaysia, China, South Korea, Japan. Imports (2007 est.)--$7.757 billion f.o.b.: pipeline, ... and other Organization of Petroleum Exporting Countries (OPEC) have supplied most of Sudan's economic assistance. ...

  • Second annual AFED conference kicks off in Beirut 19 Nov 2009 22:31 GMT
    ... BEIRUT: The second Annual Conference of the Arab ... Dr. Rashed Bin Fahed, the United Arab Emirates environment and water minister, said the issue must be treated as a higher ... by Suleiman al-Herbish, director general of the OPEC fund for international development (OFID) was interrupted ...

  • Kuwait: Opec will not change targets 18 Nov 2009 06:56 GMT
    ... Wednesday, November 18 - 2009 at 10:25 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without ...

  • NYMEX-Crude choppy amid dollar rise, options expiry 17 Nov 2009 15:34 GMT
    ... state of global economic recovery could prompt OPEC to keep output steady at its next ... OPEC president Angola and the United Arab Emirates stressed the importance of OPEC output target compliance, the official UAE news agency reported. [ID:nLH603226] (Reporting by Robert ...

  • OPEC should boost spare oil capacity to 'cash in' 17 Nov 2009 10:54 GMT
    ... The Organization of Petroleum Exporting Countries (OPEC) should continue to invest in oil production ... Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. ...


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