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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

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  • OPEC concern about future demand 16 Nov 2009 17:02 GMT
    ... Last Updated: November 16. 2009 8:25PM UAE / November 16. 2009 4:25PM GMT The president of OPEC has expressed concern about future oil demand and the cost of maintaining spare output ...

  • 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. ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Turkey Oil and Gas Report Q4 2009 - new report released 16 Nov 2009 17:34 GMT
    ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ... high scores but some threat from the UAE to its position over the medium- to ... is ranked four points ahead of the Emirates, thanks largely to high scores for oil demand, retail site intensity, non-state competition, deregulation, and ...

  • 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 ...

  • OPEC's chairman at Abu Dhabi energy conference 17 Nov 2009 10:10 GMT
    ... OPEC's chairman at Abu Dhabi energy conference Abu ... speech Monday, in Abu Dhabi, United Arab Emirates, at the opening of the 15th annual conference on Energy, which takes place until Wednesday ...

  • Israeli oil consumption is forecast to rise to 314,000b/d by the end of 2018 16 Nov 2009 18:53 GMT
    ... whole, we are now forecasting an average OPEC basket price of US$55.00 per barrel (bbl), ... is ranked third, two points behind the UAE and four points ahead of Oman, thanks largely to excellent country risk factors that outweigh ...

  • 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 ...

  • 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 ...

  • 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 ...

  • Saudi oil pressure could curb Iran 16 Nov 2009 15:33 GMT
    ... The Israel navy seized thousands of rockets, mortar ... community. As the de facto leader of OPEC, Riyadh is unlikely to pick a fight ... Gulf islands claimed by the United Arab Emirates, but saves most of its energies for condemnation of Israel. A clear sign of Saudi ...

  • 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 ...


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