Organisation of Petroleum Exporting Countries articles over last 30 days

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2015/03/05 20:36
2015/03/05 20:36
1d
LAST month consumers had a fleeting but much welcomed reprieve when fuel prices plummeted across the Clarence Valley to around the 115 cents a litre mark. But, the price hike on fuel is back, with...
2015/03/05 20:36
2015/03/05 20:36
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2015/03/04 11:29
2015/03/04 11:29
2d
The expected growth in the economies of the African nations would drastically shoot up oil demand by about 2.47 per cent to 3.89 million barrels per day (mbpd), according to the Organisation of...
2015/03/04 10:38
2015/03/04 10:38
2d
OPEC daily basket price closes lower 10 minutes ago The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $56.13 a barrel on Tuesday, compared to $56.93...
2015/03/03 11:36
2015/03/03 11:36
3d
London - Glencore PLC, the commodity trader and metals producer run by billionaire Ivan Glasenberg, reported profit that beat estimates as a strong performance from its marketing division helped it...
2015/03/02 08:30
2015/03/02 08:30
4d
WINDHOEK - Despite a petrol price increase of 96 cents a litre and a diesel price increase of 74 cents a litre that will come into effect in neighbouring South Africa on Wednesday, Namibia seems to...
2015/02/26 13:09
2015/02/26 13:09
8d
Energy production outside of the Organisation of Petroleum Exporting Countries (Opec) reached its highest level in 30 years last year, contributing to a glut in the world's oil supply. But Mr Fatih...
2015/02/26 10:38
2015/02/26 10:38
8d
OPEC daily basket price closes tad higher The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $53.81 a barrel Wednesday, compared with $53.54 Tuesday,...
2015/02/25 14:32
2015/02/25 14:32
9d
By Omololu Ogunmade and Ndubuisi Francis Abuja — After several weeks of bated breath, the Senate on Tuesday approved a $52 per barrel oil benchmark for the 2015 budget. It also predicated the budget...
2015/02/24 03:24
2015/02/24 03:24
10d
Market analysts say it is highly unlikely that Saudi Arabia, OPEC's de facto leader, will agree to such a meeting. Photo: Reuters Brent crude has slipped back beneath $US60 a barrel - and West Texas...
2015/02/23 16:41
2015/02/23 16:41
11d
France uses aircraft carrier to fight IS in Iraq France's Charles de Gaulle aircraft carrier has started military operations against Islamic State (IS) in Iraq, French media reported Monday. The...
2015/02/23 15:31
2015/02/23 15:31
11d
Oil price: four-day rally ends as supplies hit record levels 05 February A four-day rally in oil prices ended yesterday as Brent crude tumbled by 6.5 per cent to $54.16 a barrel amid worries about a...
2015/02/23 05:34
2015/02/23 05:34
11d
Tokyo - Oil rebounded in Asia on Monday as speculators hunted for bargains following a sharp decline last week, but analysts said prices remain weighed by an oversupply. The US benchmark, West Texas...
2015/02/20 11:38
2015/02/20 11:38
14d
OPEC daily basket price closes lower 2 minutes ago The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $56.29 a barrel Thursday, compared with $56.83...
2015/02/19 17:43
2015/02/19 17:43
15d
In the past, fuel prices were subsidised by the government in order to cushion users from spikes in crude oil prices. The subsidy burden was shared among the upstream oil companies, oil marketing...
2015/02/18 12:31
2015/02/18 12:31
16d
Oil price shoots up: has market finally bottomed out? 03 February Oil prices rose yesterday, boosting oil and gas share prices and prompting further speculation that the market has bottomed...
2015/02/18 10:18
2015/02/18 10:18
16d
The explosion of fracking in the US seemed like it was dislodging the old oil producing countries permanently. But that's not likely, according to BP's latest long-term outlook for the energy market....
2015/02/18 05:05
2015/02/18 05:05
16d
Buffett, revered by many as an investment guru, built Berkshire into the fourth-biggest company in the world through acquisitions and by picking stocks that surged in value. Photo: Andrew...
2015/02/17 21:05
2015/02/17 21:05
16d
Booming US shale output, which helped spark slumping oil prices, will continue over the next 20 years but start to slow, increasing demand for OPEC crude, BP forecasts. The British energy giant...
2015/02/16 13:29
2015/02/16 13:29
18d
By Marcel Mbamalu And Ikechukwu Onyewuchi Professor of Political Science and International Relations, Kayode Soremekun, in this interview with MARCEL MBAMALU and IKECHUKWU ONYEWUCHI, counts the costs...
2015/02/16 12:30
2015/02/16 12:30
18d
By Ejiofor Alike with Agency Report Crude oil prices at the weekend continued to climb for the third week in a row, with Light Brent crude, which had not settled above $60 since December 24, rising...
2015/03/05 20:36
2015/03/05 20:36
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