OPEC Newswire (Page 5)

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

Results 81 - 100 of 35,543 in OPEC (Organization of the Petroleum Exporting Countries)

  1. Platts Survey: OPEC Pumps 29.56 Million Barrels of Crude Oil Per Day...Read the original story

    Friday Apr 11 | Electric Energy Online

    Oil production from the Organization of the Petroleum Exporting Countries plunged 550,000 b/d from February to 29.56 million b/d in March -- its lowest level since mid-2011 -- according to the latest Platts survey of OPEC and oil industry officials and analysts.

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  2. Oil slips closer to $103 on China slowdown signsRead the original story

    Friday Apr 11 | KMIR 6

    ... a slight fall in Russian demand offset by higher consumption in Asia. At the same time, the Paris-based IEA said that OPEC countries would need to raise their production by about 600,000 barrels a day from their average of 29.6 million barrels a day ...

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  3. OPEC daily basket price stood at $104.33 a barrel ThursdayRead the original story

    Friday Apr 11 | Emirates News Agency

    WAM VIENNA, 11th April, 2014 -- The price of OPEC basket of twelve crudes stood at 104.33 dollars a barrel on Thursday, compared with $104.22 the previous day, according to OPEC Secretariat calculations.

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  4. Two refiners prepare to load oil at Libya's newly opened Hariga portRead the original story

    Friday Apr 11 | Reuters

    ... to Libya. A federalist group led by a former oil facilities security guard, Ibrahim al-Jathran, has been blocking the OPEC member country's major export terminals in the east since last summer, with the exception of the Brega port. Libya accounted ...

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  5. Crude Heads for Weekly Gain as IEA Forecasts More DemandRead the original story

    Friday Apr 11 | Bloomberg

    West Texas Intermediate and Brent crudes headed for weekly gains as the International Energy Agency said OPEC will need to pump more crude in the second half of the year to meet global demand.

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  6. Kuwait orders blackout in court case over 'plot' tapeRead the original story w/Photo

    Friday Apr 11 | Trend

    ... ruler's office this week, which told people to stop discussing the case in order to preserve national unity. A major OPEC oil producer and U.S. ally, Kuwait has a lively press and the most open political system in the Gulf Arab region, thanks to its ...

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  7. Libya Set to Boost Oil Shipments as First Rebel Port ReopensRead the original story

    Friday Apr 11 | The Washington Post

    Libya, the OPEC nation producing at about 10 percent of capacity, is set to raise oil shipments next week as a tanker was booked to load crude from one of four ports seized last year by rebels.

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  8. Crimea clouds oil market outlook: IEARead the original story w/Photo

    Friday Apr 11 | Iol.co.za

    ... for 2014 roughly unchanged at 92.7 million barrels per day (mbd), and a trim to its forecast for growth in non-OPEC supplies means the global market will need more oil from the cartel later this year. "One month after the events in Crimea, market ...

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  9. Brent crude drifts lower as China slows; Libya worries on holdRead the original story

    Friday Apr 11 | Lincoln Daily News

    ... fell, stoking concerns about demand in the world's second-biggest economy. The trade data coincided with news that OPEC lowered its 2014 forecast for oil demand. The Libyan government lifted a force majeure on the eastern port of Hariga, which had ...

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  10. WTI Heads for Weekly Gain as Discount to Brent Shrinks on LibyaRead the original story

    Friday Apr 11 | San Diego Source

    West Texas Intermediate headed for a weekly gain after the International Energy Agency said OPEC will need to pump more crude this year.

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  11. Crude oil prices extend lossesRead the original story w/Photo

    Friday Apr 11 | West Australian

    ... from current levels and hit 1.0 million barrels per day by mid-June after rebels ended a blockade of two terminals, OPEC Secretary General Abdullah El-Badri said on Friday. With Ukraine a key conduit for Russian gas to Europe, traders fear that any ...

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  12. OPEC Chief Sees Output ReboundingRead the original story

    Friday Apr 11 | Wall Street Journal

    OPEC's output is set to rebound after tumbling in March, the secretary-general of the oil producers' group said Friday. Production from the Organization of the Petroleum Exporting Countries fell in March to its lowest level this year amid Iraqi and Libyan disruptions.

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  13. UAE energy minister hopes Western partners keep oilfields roleRead the original story

    Friday Apr 11 | Reuters

    ... we have to do it right," Suhail bin Mohamed Al Mazrouei told reporters on the sidelines of a conference in Paris. The OPEC member country has held a 60 percent stake in Abu Dhabi Company for Onshore Oil Operations (ADCO) since acquiring an interest ...

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  14. Kuwait economy to grow 2.6% this year, 3.0 pct in 2015: IMFRead the original story

    Tuesday Apr 8 | Arab Times

    ... and the United Arab Emirates. US oil output has been rising fast on the back of the newly-tapped shale-based reserves. OPEC oil cartel said last month that supply from non-members is expected to increase by 1.31 million barrels per day this year, ...

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  15. IEA Says OPEC Will Need to Pump More Oil After March PlungeRead the original story

    Friday Apr 11 | The Washington Post

    OPEC will need to pump more crude in the second half of the year to meet global demand after its production plunged to a five-month low in March, according to the International Energy Agency.

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  16. UAE energy minister hopes Western partners keep oilfiel...Read the original story

    Friday Apr 11 | The Peninsula

    ... we have to do it right," Suhail bin Mohamed Al Mazrouei told reporters on the sidelines of a conference in Paris. The OPEC member country has held a 60 percent stake in Abu Dhabi Company for Onshore Oil Operations (ADCO) since acquiring an interest ...

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  17. Oil market expected to stay balanced for rest of year - OPECRead the original story

    Friday Apr 11 | Reuters

    Global supply and demand for crude oil should continue to be fairly balanced this year, the secretary general of OPEC said, signalling the group is likely to leave its existing output ceiling in place at its June meeting.

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  18. Kuwait orders blackout in court case over "plot" tapeRead the original story

    Friday Apr 11 | Reuters

    ... ruler's office this week, which told people to stop discussing the case in order to preserve national unity. A major OPEC oil producer and U.S. ally, Kuwait has a lively press and the most open political system in the Gulf Arab region, thanks to its ...

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  19. IEA trims 2014 oil-demand growth forecastRead the original story

    Friday Apr 11 | MarketWatch

    ... in 2013. The IEA said it expects production to come back in the second quarter of 2015 at the earliest. "While non-OPEC supply growth is still forecast to be the highest in decades, expectations are being toned down somewhat," the IEA said. The ...

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  20. UPDATE 1-IEA bucks trend, cuts forecast for 2014 world oil demand growthRead the original story

    Friday Apr 11 | Reuters

    ... annexation of Crimea. The agency, which advises industrial countries on oil policy, also reduced its forecast for non-OPEC supply this year, which will increase the need for crude from the Organization of the Petroleum Exporting Countries. Global ...

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