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

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  • We've Survived Worse Markets (& Economies) Before ' Like the 1970s 25 Nov 2009 22:55 GMT
    ... In a response to a commenter on my most recent ... tantrum after Israel repulsed their sneak attack, OPEC established the oil embargo that created gasoline ... “beyond hope”, a geopolitical environment more dangerous, stock markets more volatile, and politicians less gifted (OK, that last one may be ...

  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... Oil price falls after US growth disappoints By Joshua Schneyer ... July 2008. Prices have risen amid rallying stock markets and a weaker US dollar, which makes crude cheaper for holders of foreign currency. ... a report from MasterCard SpendingPulse on Tuesday. Opec, the exporters' group that pumps one in ...

  • Oil prices wobble on recovery concerns 20 Nov 2009 21:35 GMT
    ... had hoped. The oil market "followed the stock market and the dollar," said analyst Andy Lipow of Lipow Oil Associates. The dollar, a ... in the week ending November 13. Meanwhile, OPEC president Jose Maria Botelho de Vasconcelos has ...

  • Oil slips towards $77 as dollar gains 20 Nov 2009 10:42 GMT
    ... PERTH (Reuters) - Oil prices steadied below $78 a ... after a firmer U.S. dollar and weak stock markets triggered a 2 percent fall the previous day. Asian shares followed U.S. stock markets ... in a report. On the supply side, OPEC seaborne oil exports, excluding Angola and Ecuador, ...

  • Oil steady at below $78, traders seek fresh cues 20 Nov 2009 04:20 GMT
    ... PERTH (Reuters) - Oil prices steadied below $78 a ... after a strong U.S. dollar and weak stock markets triggered a 2 percent overnight fall. Asian shares followed U.S. stock markets lower, ... in a report. On the supply side, OPEC seaborne oil exports, excluding Angola and Ecuador, ...

  • Oil prices rally as stock markets rise 16 Nov 2009 11:36 GMT
    ... Oil prices rally as stock markets rise Oil prices advanced today, in line with rising global stock markets, as OPEC signalled that $75-80 a barrel was a satisfactory level for crude. New York's main ...

  • Oil falls more than $US2, eyes equities, US dollar 19 Nov 2009 20:19 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $US7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2, eyes equities, dollar 19 Nov 2009 19:34 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Oil falls more than $2 on equities, dollar 19 Nov 2009 22:12 GMT
    ... "Crude futures are down today because the stock market is under selling pressure as investors are assessing ... $7 band. On the supply side, the Organization of the Petroleum Exporting Countries should hold ...

  • Dollar doing the right thing 18 Nov 2009 10:10 GMT
    ... says, the Organization of Petroleum Exporting Countries (OPEC) publishes its benchmark reference price for crude ... the lows in many of the world's stock markets - the US Dow Jones Industrial Average hit its low, at 6,544, last March ... that rises along with volatility in the stock market. In most cases, high VIX readings are ...

  • 'This time it's different' are still the four most dangerous words in investing 19 Nov 2009 11:53 GMT
    ... in the developed world looks like in stock market terms. Then, the combination of an Opec oil embargo, inflation and recession caused corporate ... inflation and recession caused corporate profits and stock markets to fall worldwide. In Britain, things were uniquely poor. In 1973, the imposition ...

  • The four most dangerous words in investing 19 Nov 2009 12:58 GMT
    ... in the developed world looks like in stock market terms. Then, the combination of an Opec oil embargo, inflation and recession caused corporate ... inflation and recession caused corporate profits and stock markets to fall worldwide. In Britain, things were uniquely poor. In 1973, the imposition ...

  • Oil rises above $77 as traders eye dollar, demand 16 Nov 2009 08:23 GMT
    ... again on Wednesday, a level that even OPEC leaders have said is too high given ... increases. Oil nears $80 a barrel amid stock market surge Oil prices climbed toward $80 a ... crude investors eyed a surge in global stock markets. Benchmark crude for December delivery was up 34 cents to $79.96 a ...

  • AAA: Ohio gas prices down 10 cents from last week 16 Nov 2009 16:25 GMT
    ... price. Oil nears $80 a barrel amid stock market surge Oil prices climbed toward $80 a ... crude investors eyed a surge in global stock markets. Benchmark crude for December delivery was up 34 cents to $79.96 a ... again on Wednesday, a level that even OPEC leaders have said is too high given ...

  • Oil prices rally 16 Nov 2009 11:14 GMT
    ... An oil platform located in the Gulf of Mexico. Oil ... on Monday, in line with rising global stock markets, as OPEC signalled that 75-80 dollars a barrel was ...


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