Tuesday July 8, 2008
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Latest OPEC Venezuela News

  • Market Full of Oil, Price Trend 'Fake': Iranian President 8 Jul 2008 19:12 GMT
    ... said it sees no need for the Organization of the Petroleum Exporting Countries (OPEC) to boost output. Ahmadinejad reiterated his view ... to win over other OPEC members, except Venezuela. "The ever-increasing decrease in the dollar's value ...

  • Option Activity Alert: Bearish Speculation Hits United States Oil Fund 8 Jul 2008 14:30 GMT
    ... of the Organization for Petroleum Exporting Countries (OPEC). El-Badri appeared to scoff at the IEA ... in countries such as Iran, Colombia, and Venezuela. As a result, USO has surged against the S&P 500 Index (SPX) on a relative-strength ...

  • 5. American energy policy, asleep at the spigot 8 Jul 2008 04:27 GMT
    ... a release of supplies from the Strategic Petroleum Reserve after disruptions in Nigeria or Venezuela might have persuaded the market that Washington was on the case and shaken some ...

  • Morton Kondracke: Who's to blame for $4 gas? Both Democrats and GOP 8 Jul 2008 03:31 GMT
    ... lots more oil, increasing overall demand, and OPEC is not producing more supply. Under such ... countries such as Saudi Arabia, Russia and Venezuela, with interests often hostile to ours, plus Asian makers of more fuel-efficient cars. With ...

  • Hydrocarbons Daily Record Monday, 07 July 2008 8 Jul 2008 00:15 GMT
    ... are catching up on the influence of OPEC, Saudi Arabia and the Non – OPEC ... Inc, the procurement arm of the state-owned Venezuelan oil company Petroleos de Venezuela SA (PDVSA). It's the same story with the Falkland ...

  • Oil companies begin drilling off Florida 7 Jul 2008 14:30 GMT
    ... by the terrorist-prone Islamic Extremists and communist-inspired Venezuela; the American Democrats' Senate-power like (D) US Senator Charles Schumer of New ... the US dollar to Depreciation affecting the OPEC is pounding the crude oil production volume ...

  • Clasping hands with left, Brazil toes centrist line A subtle approach has helped power to grow in Latin America and beyond 7 Jul 2008 04:30 GMT
    ... July 6, 2008 at 11:40 p.m. CARACAS, Venezuela — - President Hugo Chavez of Venezuela ... Silva to announce plans to join the Organization of the Petroleum Exporting Countries in a ...

  • Oil prices in uncharted territory'Victor Abola 7 Jul 2008 02:30 GMT
    ... In the first quarter of the year, non-OPEC supply of oil actually dropped by 240,000 ... had a new strike in Nigeria. And Venezuela has threatened to cut off exports to the United States. Iraq’s ability to export more ...

  • Non-Aligned Countries Endorse Venezuelan Proposal for Alternative World Media 6 Jul 2008 18:16 GMT
    ... Help keep us online - donate to Venezuela Analysis Non-Aligned Countries Endorse Venezuelan Proposal for Alternative World Media Last week, ... the conference Thursday when he called on OPEC countries to help the poorest 50 countries ...

  • Madrid meeting fails to calm oil jitte 6 Jul 2008 15:55 GMT
    ... what to do to bring prices down. OPEC officials rejected the argument that tight supplies ... governments in places such as Kazakhstan and Venezuela. BP's Mr Hayward said the obstacles to more supply were political rather than geological. "The ...

  • American Energy Policy, Asleep at the Spigot 6 Jul 2008 09:57 GMT
    ... a release of supplies from the Strategic Petroleum Reserve after disruptions in Nigeria or Venezuela might have persuaded the market that Washington was on the case and shaken some ...

  • 'Queen of the Oil Club' by Anna Rubino: When journalist Wanda Jablonski spoke, OPEC listened 6 Jul 2008 09:30 GMT
    ... refusing to violate production ceilings set by OPEC. She also befriended oil ministers and helped ... did. She introduced the founders of OPEC, Venezuela's Juan Pablo Perez Alfonso and Saudi Arabia's Abdullah Tariki, to each other. She carried ...

  • Who's to blame for $4 gas? Both Democrats and GOP 5 Jul 2008 23:30 GMT
    ... lots more oil, increasing overall demand, and OPEC is not producing more supply. Under such ... countries such as Saudi Arabia, Russia and Venezuela, with interests often hostile to ours, plus Asian makers of more fuel-efficient cars. With ...

  • Iran says Gulf oil route at risk if attacked 5 Jul 2008 18:14 GMT
    ... told Iran’s Jam-e Jam newspaper. Iran, an Opec oil price hawk, had previously sent out ... generation. Oil prices jumped on Friday after Venezuela – another Opec price hawk and the organisation’s biggest Western hemisphere producer – indicated that ...

  • Opec portrayed again as the whipping boy 5 Jul 2008 18:13 GMT
    ... Opec portrayed again as the whipping boy Last ... and Egypt opposed the idea, Iran and Venezuela were in favour of it, which seemed somewhat odd, as neither of these countries were ...

  • Oil prices edge higher 5 Jul 2008 18:13 GMT
    ... the Organisation of the Petroleum Exporting Countries (Opec) cartel, said it planned to increase output ... day. Hugo Chavez, president of Opec member Venezuela, said prices should be around $100 per barrel but "could soon reach $200" given political ...

  • Big Oil poised to make triumphant return to Iraq 5 Jul 2008 10:34 GMT
    ... governments in the region took control of their own oil industries and (along with Venezuela) became dominant players on the world oil scene through their cartel OPEC. Overturning these nationalistic policies has long been the dream of Big Oil, and the ...

  • OPEC Hike Unlikely at Jeddah Emergency Oil Talks 5 Jul 2008 01:15 GMT
    ... ...


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