Organisation of Petroleum Exporting Countries articles over last 30 days

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2014/12/21 05:34
2014/12/21 05:34
2h
REUTERSWorkers at an oil exploration site in Bulisa district, about 244km north-west of Kampala in Uganda. New African oil exploration in Uganda, Kenya, Tanzania and Mozambique will also be impacted...
2014/12/21 05:34
2014/12/21 05:34
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2014/12/19 16:40
2014/12/19 16:40
1d
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $56.30 a barrel Thursday, compared to $55.64 Wednesday, the OPEC Secretariat said. The new OPEC...
2014/12/19 11:31
2014/12/19 11:31
1d
Oil price slips towards five-year low of $68 a barrel 8 December The oil price has fallen by more than a dollar as it sinks towards its weakest point since October 2009 after Morgan Stanley forecast...
2014/12/19 10:29
2014/12/19 10:29
1d
AS the prices of crude oil continued to be on the downward slide, some economies around the world are now paying less for Premium Motor Spirit (PMS), with Nigerians yet to experience the downward...
2014/12/18 23:18
2014/12/18 23:18
2d
Sticking to his output policy: Saudi Arabia's oil minister, Ali al-Naimi. Crude oil dropped to the lowest level in more than five years on concern a supply glut will worsen. At the same time, trading...
2014/12/18 20:09
2014/12/18 20:09
2d
Mr Allan’s warning comes after The Telegraph reported that £55bn worth of oil projects in the North Sea and Europe could be cancelled due to the current slide in prices, according to consultancy Wood...
2014/12/18 12:09
2014/12/18 12:09
2d
Iran's oil minister has said that a "political conspiracy" is to blame for the dramatic slump in the price of crude in remarks that could signal that the Islamic Republic will try to exert pressure on...
2014/12/18 09:09
2014/12/18 09:09
2d
More oil flooding onto international markets from Kurdistan will only add to the global glut in crude, which had seen prices slump since June. However, that didn’t prevent Brent crude - a global...
2014/12/17 16:18
2014/12/17 16:18
3d
Producers and economies will feel the pressure Petrol prices dropped for the 12th successive time this week and even better news appears to lie ahead for holiday motorists. That has been virtually...
2014/12/17 08:29
2014/12/17 08:29
3d
By Ben Agande, Emma Ovuakporie, Johnbosco Agbakwuru, Joseph Erunke and Levinus Nwabughiogu Abuja — PRESIDENT Goodluck Jonathan will today present the 2015 budget proposal of N4,357.96 trillion to the...
2014/12/17 04:55
2014/12/17 04:55
4d
Ratings agency Standard & Poor’s has cut its price assumptions for crude oil for the second time this month, raising the prospect that companies will face further pressure on their credit...
2014/12/16 07:24
2014/12/16 07:24
5d
The question now is should oil investors be looking for better returns? Photo: Bloomberg They don't call it the black gold for nothing, but investing in oil companies has proven seriously detrimental...
2014/12/16 06:28
2014/12/16 06:28
5d
The Russian rouble bounces 10% off Monday's record low on surprise interest rate hike.Reuters The 12% plunge in the rouble in a single day on Monday forced the Russian central bank to increase the...
2014/12/16 05:20
2014/12/16 05:20
5d
Volatility in UAE equity markets to continue until new year Monday, Dec 15, 2014 Dubai: Volatility in the UAE’s equity markets is likely to continue in coming weeks until the new year, when fund...
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2014/12/15 20:46
2014/12/15 20:46
5d
The S&P 500 fell 0.4 per cent to 1994.17, falling below its average price for the past 50 days. Photo: Reuters US stocks retreated, after the worst week in more than two years for the Standard &...
2014/12/15 11:29
2014/12/15 11:29
5d
RONALD W. Reagan, in his inaugural address as 40th President of the United States of America, defined the then economic crisis being faced by the US as "an economic affliction of great proportions"....
2014/12/15 04:49
2014/12/15 04:49
6d
SINGAPORE: Oil prices sank to a fresh five-year low in Asia on Monday after a top Opec official said the relentless plunge was not just because of a global supply glut. US benchmark West Texas...
2014/12/14 20:28
2014/12/14 20:28
6d
US Federal Reserve policy makers are set to gather in the wake of Wall Street's worst weekly drop in three years, amid heightened concern that the plunge in the price of oil might trigger an overall...
2014/12/14 04:20
2014/12/14 04:20
7d
Alsa engineering to spend $100 million in expansion Saturday, Dec 13, 2014 Abu Dhabi: Alsa engineering and construction is planning to spend over $100 million in the next 18 months as part of its...
2014/12/13 21:09
2014/12/13 21:09
7d
Major international oil companies such as BP, Chevron and ConocoPhillips are already reviewing capital expenditure levels in the wake of a rout in global crude markets, which has wiped 45pc off the...
2014/12/21 05:34
2014/12/21 05:34
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