Organisation of Petroleum Exporting Countries articles over last 30 days

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2015/01/30 07:29
2015/01/30 07:29
2h
Nigeria's indigenous oil and gas industryhas evolved over the years. Even though it took so long forit to achieve its present status, it could be said to have contributed its quota to the...
2015/01/30 07:29
2015/01/30 07:29
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2015/01/29 13:40
2015/01/29 13:40
20h
OPEC daily basket price closes higher 25 minutes ago The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $44.08 a barrel Wednesday, compared with $43.24...
2015/01/29 06:43
2015/01/29 06:43
1d
With signs of demand recovery still elusive and a cut in crude oil supply not visible, analysts are seeking an answer to the question when will the down slide for global crude oil price halt. The...
2015/01/28 22:10
2015/01/28 22:10
1d
Oil has tumbled to near a six-year low as US crude stocks soared to a record high, sparking fresh fears over the growing global supply glut. US benchmark West Texas Intermediate for March delivery on...
2015/01/28 01:10
2015/01/28 01:10
2d
Considering which parts of the world outside North America and the Organisation of Petroleum Exporting Countries should see severe spending cuts, UBS wrote: "The lasting change in investment and...
2015/01/27 22:09
2015/01/27 22:09
2d
In aiming their oil weapon at Russia and US shale, the Saudis are also inadvertently pointing it at us. Oil companies have already started to cut thousands of jobs in Aberdeen and more losses are...
2015/01/27 12:31
2015/01/27 12:31
2d
Oil price drop is 'giant tax cut for UK economy' 19 January The dramatic fall in the oil price will spur the UK economy to grow faster than had been predicted this year, according to influential...
2015/01/25 15:40
2015/01/25 15:40
4d
Dubai: When in search for greener pastures, professionals in the UAE tend to look towards industries that are believed to be stable and offer good compensation and benefits packages. The latest...
2015/01/25 10:30
2015/01/25 10:30
4d
The Petroleum Products Pricing Regulatory Agency (PPPRA) on Friday said that the recent decision of the federal government to cut official regulated pump price of petrol from N97 to N87 per litre was...
2015/01/24 03:29
2015/01/24 03:29
6d
RIYADH: Saudi Arabia buried King Abdullah Friday as foreign leaders gathered in the capital for the funeral of the ruler of the world's top oil exporter and the spiritual home of Islam. Abdullah, a...
2015/01/23 12:39
2015/01/23 12:39
6d
OPEC daily basket price closes lower 38 minutes ago The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $43.05 a barrel Thursday, compared with $43.25 a...
2015/01/23 08:09
2015/01/23 08:09
7d
However, it is thought to have 2.5m bpd of spare capacity available, which makes it the world's only true swing producer with the ability to influence prices. In November, Mr Naimi was instrumental...
2015/01/22 06:21
2015/01/22 06:21
8d
Opportune time for corporates to issue sukuks in UAE Wednesday, Jan 21, 2015 Dubai: Corporates in the UAE and the wider GCC region may prefer a bond issue as tumbling oil prices could crimp...
2015/01/21 04:26
2015/01/21 04:26
9d
BHP Billiton cuts oil rigs in the US The world's biggest diversified resources company is cutting the number of drilling rigs in operation in the United States because of the falling price of...
2015/01/20 23:55
2015/01/20 23:55
9d
New Zealand consumer prices fell in the final three months of 2014 as plunging oil prices prompted cheaper deals at the petrol pump and led to the first quarter of deflation since December 2012. The...
2015/01/20 09:28
2015/01/20 09:28
10d
Labour's Ed Balls has warned UK Chancellor George Osborne that the government must take urgent action to safeguard Scotland's North Sea industry because the plunge in oil prices has already led to...
2015/01/19 22:28
2015/01/19 22:28
10d
European markets rise on quantitative easing hopes, Wall St closed A recovery for global oil prices has proven short-lived, with gains late last week all but erased overnight. The key Brent crude...
2015/01/19 18:38
2015/01/19 18:38
10d
Iran seeks OPEC cooperation to stop oil price slump Iran Monday sought cooperation among the member states of the Organisation of Petroleum Exporting Countries (OPEC) to prevent the global oil prices...
2015/01/19 16:17
2015/01/19 16:17
10d
United States oil drillers have been taking rigs out of service. Photo / AP Oil bulls finally caught a break as prices capped their first weekly advance since November. Hedge funds raised their...
2015/01/19 04:29
2015/01/19 04:29
11d
Pump prices have marginally gone down in the past months amid sharp fall in global prices for crude. INDEPENDENT/JIMMY SIYAFree market stance hurts motorists, economy as retail fuel prices remain high...
2015/01/30 07:29
2015/01/30 07:29
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