Organisation of Petroleum Exporting Countries articles over last 30 days

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2015/07/02 08:39
2015/07/02 08:39
2d
OPEC daily basket price rises The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $59.47 a barrel on Wednesday, compared to $58.79 on Tuesday, the...
Read more at New Kerala, New Kerala
2015/07/02 08:39
2015/07/02 08:39
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2015/07/02 03:25
2015/07/02 03:25
2d
US crude inventories rose to 465.4 million barrels in the week ended June 26, EIA data show. Photo: Bloomberg Oil fell the most since April as US crude supplies rose for the first time in nine weeks...
2015/06/30 22:05
2015/06/30 22:05
3d
A trader works on the floor of the New York Stock Exchange. Photo: Reuters Local shares are poised to fall at the open amid continuing uncertainty about the impact of Greece's pending default on a...
2015/06/29 20:24
2015/06/29 20:24
4d
Crude stockpiles in the Amsterdam, Rotterdam and Antwerp area rose to 60.6 million barrels in the week ended June 19, according to data from Genscape, a firm that monitors supplies. Photo:...
2015/06/29 14:16
2015/06/29 14:16
4d
The petrol price is set to rise by as much as 44 cents a litre on Wednesday – and the factors that have conspiring against motorists’ wallets include the weak rand, the start of the driving season in...
2015/06/29 13:30
2015/06/29 13:30
4d
The drop in commodity prices such as minerals and oil on the international market means investors are reluctant to sink their money deep in the ground to extract resources; what should...
2015/06/26 05:24
2015/06/26 05:24
8d
While US oil supply is slowing, OPEC has continued to overproduce in the face of relatively subdued global demand. Photo: Reuters The price of oil, hovering at about $US60 a barrel since April, could...
2015/06/25 13:34
2015/06/25 13:34
8d
By Muhammad Bello and Chineme Okafor Abuja — The House of Representatives on Wednesday approved a motion to probe the crude oil swap contracts entered into by the Nigerian National Petroleum...
2015/06/25 10:39
2015/06/25 10:39
9d
OPEC daily basket price rises The price of the basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $60.68 a barrel, compared to $59.96 the previous day, the...
Read more at New Kerala, New Kerala
2015/06/25 06:29
2015/06/25 06:29
9d
By Chineme Okafor with Agency Report Abuja — India's crude oil imports in May reportedly rose to see supply from Nigeria surge by nearly 200 per cent, making Nigeria the largest crude oil supplier to...
Read more at AllAfrica.com, asianage
2015/06/24 21:47
2015/06/24 21:47
9d
Little positive overseas sentiment to start the day. Photo: Angus Mordant Local shares are set to open lower ahead of the latest quarterly accounts data and as talks between Greece and its...
2015/06/24 21:28
2015/06/24 21:28
9d
Wall Street moved lower with European equities as the posturing between Greece and its international creditors continued, overshadowing a report showing the US economy did not contract as much in the...
2015/06/22 11:39
2015/06/22 11:39
12d
OPEC daily basket price closes lower The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $59.96 a barrel on Friday compared to $60.55 on Thursday, the...
2015/06/22 06:30
2015/06/22 06:30
12d
The shale boom that's reduced US' dependence on overseas crude is reverberating in Nigeria as Africa's biggest oil producer cuts the pricing for its flagship grade to the lowest in a decade. Nigeria,...
2015/06/19 18:39
2015/06/19 18:39
14d
OPEC daily basket price closes higher The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at USD 60.55 a barrel on Thursday compared to USD 60.27 on...
2015/06/19 01:51
2015/06/19 01:51
15d
Credit Suisse says if investors expect another price drop and need to be invested in the energy sector, Sinopec, Inpex, PTT and Woodside will probably continue to do well. Photo: Bloomberg Crude oil...
2015/06/18 20:29
2015/06/18 20:29
15d
The federal government and the oil and gas producing companies may have lost an estimated $11.5billion to the drop in the price of Brent crude oil from $115 per barrel in June to $68.62 yesterday,...
2015/06/16 02:46
2015/06/16 02:46
18d
Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 Asian economic crisis. Photo: Bloomberg The world is on the brink of the...
2015/06/15 11:34
2015/06/15 11:34
19d
My good friend and colleague Onochie Anibeze, Editor of the Saturday Vanguard, last week, approached me that as a regular and incisive contributor, it would be nice for me to write a column on Oil and...
2015/06/12 11:10
2015/06/12 11:10
22d
Oil supplies from the Organisation of Petroleum Exporting Countries (Opec) continued to edge higher in May, as the price of a barrel of Brent crude fell to below $65 (£42) this week. While global...
2015/07/02 08:39
2015/07/02 08:39
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