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OPEC & US Dollar News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC & US Dollar News

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  • U.S. Economy, Investors Say No Worries Mate 7 Nov 2009 09:31 GMT
    ... way of example, there’s a problem that OPEC analysts’ seem to have missed, and here ... on fact. The weekly chart of the US Dollar below is showing a “tentative” upward breakout (source: ...

  • UAE says oil cuts should remain 7 Nov 2009 15:51 GMT
    ... // The UAE has joined a growing OPEC contingent that has been calling for the ... and demand, especially the weakness of the US dollar against other major currencies, which has led investors ...

  • Amir''s participation at COMSEC summit out of keenness to enhance external ties 7 Nov 2009 18:23 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC), that was hosted by Riyadh, where His ... the Amir had also declared donation of USD 150 for supporting a program for scientific research related ...

  • Kuwait curbs use of ozone-depleting materials - official 7 Nov 2009 19:56 GMT
    ... to Kuwait's commitment to environmental issues, His Highness the Amir of Kuwait has granted USD 150 million to the fund set up by OPEC in 2007 to pursue research and studies into the environment, climate change, and sources ...

  • Price of Kuwaiti crude oil mildly hikes 6 Nov 2009 14:37 GMT
    ... increased 11 cents reaching the level of USD 77.49 per barrel in the Thursday trading ... bearish inclination of the rate of the US dollar in the international markets and re-jump of ... crude. Organization of the Petroleum Exporting Countries (OPEC) says some of the top hot issues ...

  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... 15 cents on Thursday and settled at USD 77.45 per barrel when compared to USD 77.60 the ...

  • Jim Rogers Vs Nouriel Roubini, Can The Commodities Boom Survive? 6 Nov 2009 18:21 GMT
    ... ? To be sure, oil has big-bad OPEC to supposedly limit oversupply anytime demand weakens, ... the OECD. When China spends its trade surplus dollars at home, on its homemade products and ... they like to ignore how fast the US dollar devaluation rout could grow, setting a trap for ...

  • Roubini: Commodities Due for a Correction 6 Nov 2009 23:12 GMT
    ... the effect of carry trade on the U.S. dollar, driving further higher these commodity prices. So ... are just talking their books. Crigger: Is OPEC still effective at managing oil prices? In the ...

  • Exxon-Shell consortium signed a deal to develop one of Iraq's most prized oil fields 6 Nov 2009 04:40 GMT
    ... Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector. The deal ... per day figure. The companies will receive US dollars 1, 9 for every barrel produced, and the ...

  • NYMEX-Crude skids over 3 pct as jobless ranks swell 6 Nov 2009 17:25 GMT
    ... energy analyst at Citi Futures Perspective in New York. "Surplus stocks, soft demand, rising OPEC production and an ongoing projected supply/demand surplus all point to the potential for a substantial ...

  • NYMEX-Crude ends nearly 3 pct off on jobless gloom 6 Nov 2009 21:24 GMT
    ... Ritterbusch, president of Ritterbusch & Associates in Galena, Illinois. "Surplus stocks, soft demand, rising OPEC production and an ongoing projected supply/demand surplus all point to the potential for a substantial ...

  • Oil rebounds: weak U.S. dollar continues to draw money into energy (Oil-Prices) 4 Nov 2009 22:19 GMT
    ... Oil rebounds: weak U.S. dollar continues to draw money into energy (Oil-Prices) ... again on Wednesday, a level that even OPEC leaders have said is too high given the ...

  • Dethroning of the U.S. Dollar Will Happen Sooner Than You Think 4 Nov 2009 20:53 GMT
    ... investor has heard the argument that the U.S. dollar is slated to lose its status as ... the Organization of the Petroleum Exporting Countries (OPEC) finally couldn’t contain themselves any longer and leaked ...

  • Oil rebounds: weak U.S. dollar continues to draw money into energy 4 Nov 2009 21:37 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given the ... is getting most of the blame. The U.S. dollar gave up more ground against the euro ...

  • Kuwaiti crude up to USD 75.36 Tuesday -- KPC 4 Nov 2009 14:52 GMT
    ... -- Kuwaiti crude oil climbed over the USD 75 per barrel (pb) price level still ... decline in the exchange rate of the US dollar against other main currencies was a main ... market. The Organization of Petroleum Exporting Countries (OPEC) seeks a 70-80 dollar range to meet ...


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