OPEC Newswire (Page 5)

Comprehensive Real-Time News Feed for OPEC (Organization of the Petroleum Exporting Countries). (Page 5)

Results 81 - 100 of 32,096 in OPEC (Organization of the Petroleum Exporting Countries)

  1. Azerbaijan to see decline in oil supply, OPEC saysRead the original story w/Photo

    Thursday May 21 | Today.Az

    Azerbaijan, the second largest oil producer in the former Soviet Union with proven crude oil reserves estimated at 7 billion barrels, will see a decline in oil supply 2015. In its May report OPEC said the decrease will amount to 30,000 barrels per day and stand at average 0.82 million bpd in 2015.

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  2. Rights group: Qatar making little progress on labor reformsRead the original story

    Thursday May 21 | KTMF

    ... workers. They did not respond to a request for comment ahead of the release of Amnesty's latest report Thursday. The OPEC member state has come under intense scrutiny over its labor policies since winning the right to host the World Cup in 2010. ...

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  3. 5 scenarios for oil prices, including a meltdownRead the original story w/Photo

    Thursday May 21 | MarketWatch

    What started in June 2014 with a growing imbalance between soft demand in Asia and robust North American shale-oil production seemed typical: Brent crude prices started to fall from $105 per barrel, the market went in contango in October, and expectations were high in anticipation of the late-November OPEC meeting as oil was hitting $75 per barrel. The expectation was that things would revert quickly with a reduction of production quotas.

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  4. 17:24 18.05.15 Oil prices rise after Islamic State advances in IraqRead the original story

    Thursday May 21 | AkiPress

    ... remained oversupplied, and that the glut could worsen if U.S. production picked up and output by producer group OPEC stayed strong. Front-month Brent futures LCOc1 were up 37 cents at $67.18 a barrel by 0845 GMT. U.S. crude CLc1 rose 48 cents to ...

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  5. Friends, countrymen, lend me your oresRead the original story w/Photo

    Thursday May 21 | The Age

    ... Arabia has of the world oil market. And Australia has a bigger share of the seaborne iron ore market than all of the OPEC counties combined have of the world oil market. Everyone knows that if OPEC doubled their oil supply the world oil price would ...

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  6. UPDATE 9-Oil gains over 2 pct on inventory draws, Iraq fightingRead the original story

    Thursday May 21 | Reuters

    ... after the Organization of the Petroleum Exporting Countries dropped its policy of cutting output to support prices. OPEC meets on June 5 and is not expected to alter its policy, in the interest of defending market share. U.S. crude inventories are ...

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  7. Energy industry: Thank fracking for Memorial Day driving on the cheapRead the original story w/Photo

    Thursday May 21 | Washington Examiner

    "Thanks to hydraulic fracturing and horizontal drilling, the U.S. is experiencing a renaissance in domestic oil and natural gas production. The benefits for U.S. consumers - as well as manufacturers, the travel and tourism industry and frankly our entire economy - are hard to overstate," John Felmy, chief economist with the American Petroleum Institute, said in a conference call with reporters.

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  8. UPDATE 2-Top EU companies urge drastic cuts in greenhouse gas emissionsRead the original story

    Thursday May 21 | Reuters

    Top European companies urged governments on Thursday to set a goal of slashing greenhouse gas emissions to net zero well before 2100, saying that going green can bring profits rather than costs. Business leaders from global and European alliances of companies including Unilever, Total and Saint-Gobain also called for a global price on carbon emissions and a phase-out of fossil fuel subsidies.

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  9. Russia offers military aid to Iraq during PM visitRead the original story w/Photo

    Thursday May 21 | Reuters

    ... ization of the Petroleum Exporting Countries (OPEC), of which Iraq is a member. Russia, one of the world's biggest non-OPEC oil producers, is scheduled to hold consultations with the group ahead of an OPEC policy-making meeting in Vienna next month.

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  10. Venezuela Autos Report Q2 2015 - New Market ReportRead the original story

    Thursday May 21 | PR-inside.com

    Inflation is running very high, eroding consumers' purchasing power and appetite for big ticket purchases, such as new cars. High interest rates curtail demand for vehicle loans, and the ongoing weakness in the Venezuelan bolivar increasingly makes vehicle imports more expensive in local currency terms.

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  11. UPDATE 1-Russia offers military aid to Iraq during PM visitRead the original story

    Thursday May 21 | Reuters

    ... of the Petroleum Exporting Countries (OPEC), of which Iraq is a member. Russia, one of the world's biggest non-OPEC oil producers, is scheduled to hold consultations with the group ahead of an OPEC policy-making meeting in Vienna next month. ...

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  12. Gas Prices Hold Steady: Best Deals in RosevilleRead the original story

    Monday May 18 | Rocklin and Roseville Today

    Average retail gasoline prices in Sacramento have not moved in the past week, averaging $3.54/g yesterday, according to GasBuddy's daily survey of 720 gas outlets in Sacramento. This compares with the national average that has increased 5.0 cents per gallon in the last week to $2.71/g, says gasoline price website GasBuddy.com.

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  13. Stick With Newfield Exploration During The DownturnRead the original story w/Photo

    Thursday May 21 | Seeking Alpha

    ... (NYSE: PXD ) is also mulling over adding additional rigs over the next couple of months. Besides, the greater OPEC production coupled with sluggish growth from Asian economies will also not help. In this tough environment, energy investors are ...

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  14. Millions of drivers must fork out A 40 more a month after oil price spikesRead the original story w/Photo

    Thursday May 21 | Mirror.co.uk

    ... pushing up oil and wholesale prices artificially, particularly infuriating for drivers and business when data from OPEC and the International Energy Agency show the world has been pumping 1.5 million more barrels of oil per day than it consumes." AA ...

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  15. Canada Stocks-TSX rallies as oil prices boost energy; Shopify surgesRead the original story

    Thursday May 21 | Reuters

    Canada's main stock index rebounded on Thursday as financial and energy stocks, bolstered by a rally in oil prices, pushed the TSX to its best performance in more than a week. Valeant Pharmaceuticals International was by far the most influential individual gainer on the index, rising 2.4 percent to C$285.23.

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  16. The Fix: How Saudi Arabia may cost Alaska state employees their jobsRead the original story w/Photo

    Thursday May 21 | Washington Post

    ... instability in oil-producing countries (like Syria) played a role. But as the Economist reported in December, OPEC decided against cutting their own production in an effort to keep prices high. (Supply and demand, etc.) It's fair to assume that the ...

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  17. Trends Driving Our $21 Price Estimate For Freeport-McMoRanRead the original story w/Photo

    Thursday May 21 | Forbes.com

    Great Speculations' contributor page is devoted to investing ideas that will help make you wiser and richer. Most articles will contain actionable advice.

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  18. Scenarios That Can Move American Airlines' ValuationRead the original story w/Photo

    Thursday May 21 | Forbes.com

    ... in the US will decline, there could be the possibility of a sharper, V-shaped recovery in oil prices. Moreover, if the OPEC decides to change its current stance and cut its production, we estimate crude oil prices to reach over $120 per barrel by ...

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  19. Are US Drillers Actually Making A Comeback?Read the original story

    Wednesday May 20 | InvestorIdeas.com

    May 20, 2015 Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent.

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  20. Ken Heebner's CGM Mutual Fund First Quarter 2015 LetterRead the original story

    Monday May 18 | GuruFocus.com

    ... oil prices and a strengthening dollar. With overseas economies slowing down and thereby consuming less crude oil and OPEC unwilling to cut its production, there was concern that an oil surplus in the market would slow down the U.S. economy. However, ...

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