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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

  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... amid rallying stock markets and a weaker US dollar, which makes crude cheaper for holders of foreign ... a report from MasterCard SpendingPulse on Tuesday. Opec, the exporters' group that pumps one in ...

  • OPEC will maintain oil prices stability - Venezuela 24 Nov 2009 19:16 GMT
    ... called here on Tuesday member States of OPEC to make a decision on maintaining the ... prices and led to their stability at USD 70 pb. Venezuela, he said, was producing 2.3 million pb. ...

  • 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 ... 95 cents on Tuesday and settled at USD 76.73 per barrel (pb) compared to USD 75. 78 ...

  • Oil prices struggle to stay up USD 80 mark -- bulletin 24 Nov 2009 18:22 GMT
    ... (KUNA) -- Oil prices hovered around the USD 80 mark as doubts over sustainability of economic recovery ... 2009 compared to original estimates. According to OPEC the world oil demand is expected to ...

  • World oil demand growth to outpace supply in 2010 24 Nov 2009 15:31 GMT
    ... output of natural gas liquids (NGLs) from OPEC members is seen growing by just 800,000 ... prices crash from record highs of almost USD 150 a barrel in July 2008 to below USD 33 ...

  • Oil prices moving between USD 75 to 80 "normal" - experts 24 Nov 2009 07:53 GMT
    ... experts said that oil prices see-sawing between USD 75 to 80 per barrel is normal due to the ... an annual climb of 1.7 percent. Meanwhile, OPEC and the International Center for Energy Studies ...

  • Global oil demand picking up -- study 24 Nov 2009 00:41 GMT
    ... was on the rise, and supplies from non-OPEC nations reached their highest level in more than ... the 10-year yields of 3.33 percent, the U.S. dollar carry trade that has evolved over the ...

  • Oil prices power higher as dollar weakens 23 Nov 2009 21:36 GMT
    ... dollars a barrel. "We are seeing the US dollar weaken against the euro and investors continue to ... provide a boost to oil prices, but non-OPEC oil supplies are growing, too, helping to ...

  • MARKET WATCH: Crude prices slide; gas prices inch up 23 Nov 2009 19:43 GMT
    ... MARKET WATCH: Crude prices slide; gas prices inch up -- The front-month crude oil contract in ...

  • Crude rises on weaker dollar, Iran concerns 23 Nov 2009 14:06 GMT
    ... be disrupted. Also helping oil higher: The U.S. dollar tumbled after a Federal Reserve official called ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently amounting ...

  • Oil prices jump as dollar weakens 23 Nov 2009 13:25 GMT
    ... dollars a barrel. "We are seeing the US dollar weaken against the euro and investors continue to ... struggling to recover following the financial crisis. OPEC president Jose Maria Botelho de Vasconcelos has ...

  • Oil rises more than 1% on weaker greenback 23 Nov 2009 12:35 GMT
    ... nuclear programme. "The rising Iran tensions, alongside US dollar weakness and gold's record high levels, have helped ... the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up ...

  • Iran gained $5 billion on shift from U.S. dollar: state TV 23 Nov 2009 12:16 GMT
    ... oil income in currencies other than the U.S. dollar, Iran's English-language Press TV reported on its ... the Organization of the Petroleum Exporting Countries (OPEC), Iran suggested oil should be priced in a ...

  • Oil rises 1% 23 Nov 2009 11:52 GMT
    ... nuclear program. "The rising Iran tensions, alongside U.S. dollar weakness and gold's record high levels, have ... the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up in ...

  • Oil rises more than 1% as dollar swings lower 23 Nov 2009 10:10 GMT
    ... $78 a barrel on Monday, after the US dollar lost its footing and heightened tensions between key ... upside would also probably be capped by Opec, which has indicated that any quick run-up ...


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