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OPEC News

News on OPEC (Organization of the Petroleum Exporting Countries) continually updated from thousands of sources around the net.

1 hr ago | Star Tribune

Gas prices post rare July decline, lowest price to start August in 4 years

August began with the lowest average gasoline price for this time of year since 2010.

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Related Topix: Memorial Day, Life, Holidays, World News

9 hrs ago | InvestorIdeas.com

Africa: New Land of Opportunity? Ashley Kelty Points to the Positives

August 1, 2014 Oil and gas plays in Africa are no day at the beach, but they are more promising than the press would suggest, says Ashley Kelty, oil and gas equities analyst at Cenkos Securities Plc.

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Related Topix: World News

Thu Jul 31, 2014

Reuters

UPDATE 9-U.S. oil dives below $100 on Kansas refinery outage, equity drop

U.S. crude oil tumbled more than $2 on Thursday, going below $98 a barrel, hitting the lowest level since March on news of a potentially lengthy shutdown at a Kansas oil refinery, while Brent also slipped amid signs of robust OPEC oil production.

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Related Topix: World News, Coffeyville, KS

Chattanoogan.com

General Bell Tells Rotary Club The Cold War Is Back

Retired General Burwell B. Bell told the Rotary Club on Thursday afternoon in a discussion regarding threats to the United States, "The Cold War is back.

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Related Topix: World News, NATO (North Atlantic Treaty Organization), Hamilton County, TN

The Washington Post

Will sanctions work against Russia? Irana s experiences offers a few clues.

The illuminated towers of Red Square and the Kremlin flank the skyscrapers of Moscow's business district in the background.

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Related Topix: Iran, World News, Middle East, Vladimir Putin, Health

Globe and Mail

Clashes spread in Tripoli as Libya death toll tops 200

People look at the wreckage of a Libyan government MiG warplane which crashed during Tuesday's fighting in Benghazi on July 29, 2014.

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Related Topix: World News, Africa, Libya, Muammar Gaddafi (Gadhafi)

Reuters

Iraqi Shi'ite militias use hit lists to pick off foes: police

Iraqi Shi'ite militias have drawn up hit lists of suspected Sunni insurgents to be kidnapped, executed and hung in public, security and police officials said, raising the stakes in a sectarian war tearing the country apart.

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Related Topix: Iraq, World News

Ohio.com

North American oil production to reduce OPEC 2014 production

Global oil demand in 2014 is forecast to increase by about 1.2 million barrels per day compared to 2013 levels, while non-Organization of the Petroleum Exporting Countries members' production will grow by approximately 1.6 mmbd, reducing the call for OPEC production, according to research and consulting firm GlobalData.

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Related Topix: World News

Benzinga

Brent On Track For Largest Monthly Loss In Over A Year

Brent crude oil looked poised to post its largest monthly loss in more than a year on Thursday as it traded at $105.72 at 7:45 GMT.

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Related Topix: World News

Trend

Asian buyers take 25 percent more Iran oil in first half

Iran's biggest clients took in a quarter more oil in the first six months of 2014 than in the same period of last year, with China and India holding to the higher volumes they started after the agreement that relaxed Western sanctions on Tehran.

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Related Topix: World News

AME Info

OPEC increases production in July

JOB PURPOSE: To implement measures of individual performance in alignment with the business objectives of the company as well as the clients, provide guidance to management in assessing competencies of employees and develop key performance measurements RESPONSIBILITIES AND DUTIES: if Implement Program Evaluation System per a given client and report ... (more)

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Related Topix: World News

Wed Jul 30, 2014

Al Bawaba

Saudi oil output to remain high by 'historical standards'

It said the view is based on continued OPEC outages, a mediocre global supply picture , a continued increase of domestic consumption from the power generation and transport sectors, strong demand from the refining sector and a recovering global demand picture.

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Related Topix: World News

Business Journal

Texas produces 3M barrels per day, slides into 8th spot in the world

Texas oil production topped 3 million barrels per day, putting the Lone Star state on part with the world's biggest oil producers.

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Related Topix: Texas, World News

The Baltimore Sun

U.S. restricts travel by Venezuelan officials

The United States imposed travel restrictions on Wednesday on some Venezuelan government officials it accuses of rights abuses in a crackdown on protests against President Nicolas Maduro this year.

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Related Topix: South America, World News, Venezuela, Prison, Hugo Chavez, US Politics, US News, US Senate, Democrat, Bill Nelson

Reuters

OPEC oil output rises in July on fragile Libyan rebound

OPEC's oil production rose in July from June, a Reuters survey found on Wednesday, as a fragile recovery in Libyan supply outweighed fighting in Iraq and reduced output from Angola.

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Related Topix: World News, Africa, Libya

Tue Jul 29, 2014

Reuters

UPDATE 5-Oil around $107 as ample supply offsets global unrest

Brent crude oil steadied around $107 a barrel on Tuesday as ample supply offset concerns over political tensions in the Middle East, Africa and Europe.

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Related Topix: Africa, Libya, World News

Marine Corps Times

U.S. and EU pledge new sanctions against Russia

President Obama speaks July 29 on the South Lawn of the White House as he announces new economic sanctions against key sectors of the Russian economy in the latest move by to force Russian President Vladimir Putin to end his support for Ukrainian rebels.

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Related Topix: World News, Russia, Asia, Vladimir Putin,

Reuters

Islamic State video wages psychological war on Iraqi soldiers

Islamic State, the al Qaeda spin-off that seized wide swathes of Iraq almost unopposed last month, has released a video warning Iraqi soldiers who may still have some fight in them that they risk being rounded up en masse and executed.

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Related Topix: World News, Iraq, Life, Holidays, Ramadan,

AlertNet

Clashes kill 30 in Benghazi in escalating Libya turmoil

Plumes of smoke rise in the sky after a rocket hit a fuel storage tank near the airport road in Tripoli, during clashes between rival militias July 28, 2014.

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Related Topix: World News, Africa, Libya, Muammar Gaddafi (Gadhafi), Prison, US Military, US Air Force

Trend

Iran's oil output increases by 131 tbpd in 2014

Baku, Azerbaijan, July 29 By Umid Niayesh - Trend: US Energy Information Administration announced that Iran ranked third in the Organization of Petroleum Exporting Countries , producing 3.247 million barrels per day of oil in first four months of 2014.

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Related Topix: Azerbaijan, World News

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