Organisation of Petroleum Exporting Countries

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6h
New Kerala
Indian crude oil basket falls USD 2 as Brexit spurs market concerns - newkerala.com #83460grade UK Brent, closed trade last Thursday at $47.26 per barrel and closed the
Indian crude oil basket falls USD 2 as Brexit spurs market concerns - newkerala.com #83460
New Kerala / Posted 6 hours ago
grade UK Brent, closed trade last Thursday at $47.26 per barrel and closed the week on Friday at $46.11. The price of the Organisation of Petroleum Exporting Countries' (OPEC) basket of 13 crudes slipped to $44.46 a barrel on Tuesday, compared to... Read more
19h
Sydney Morning Herald
Oil still heading towards $US10 handle, says A Gary ShillingThe world continues to be awash in crude, and American frackers have replaced t
Oil still heading towards $US10 handle, says A Gary Shilling
Sydney Morning Herald / Posted 19 hours ago
The world continues to be awash in crude, and American frackers have replaced the Organisation of Petroleum Exporting Countries as the world's swing producers, says Shilling. Photo: Bloomberg Back in February 2015, the price of West Texas... Read more
2 related stories
5d
AllAfrica.com
Nigeria's Oil Revenue Dropped By U.S.$35 Billion in 2015Nigeria's oil revenue dropped by $35.67 billion (about N7 trillion) in 2015 acc
Nigeria's Oil Revenue Dropped By U.S.$35 Billion in 2015
AllAfrica.com / Posted 5 days ago
Nigeria's oil revenue dropped by $35.67 billion (about N7 trillion) in 2015 according to the report in the Organisation of Petroleum Exporting Countries (OPEC)'s annual statistics bulletin released yesterday. The report showed that the country... Read more
6d
The Age
OPEC's oil revenue plunges to 10-year lowbillion to a 10-year low last year, as an increase in export volumes failed to
OPEC's oil revenue plunges to 10-year low
The Age / Posted 6 days ago
billion to a 10-year low last year, as an increase in export volumes failed to compensate for the collapse in prices. The Organisation of Petroleum Exporting Countries earned $US518.2 billion in 2015 from the sale of crude and refined fuels, the... Read more
5 related stories
6d
Sydney Morning Herald
OPEC's oil revenue plunges to 10-year lowbillion to a 10-year low last year, as an increase in export volumes failed to
OPEC's oil revenue plunges to 10-year low
Sydney Morning Herald / Posted 6 days ago
billion to a 10-year low last year, as an increase in export volumes failed to compensate for the collapse in prices. The Organisation of Petroleum Exporting Countries earned $US518.2 billion in 2015 from the sale of crude and refined fuels, the... Read more
5 related stories
7d
AllAfrica.com
Barkindo Suggests 'Carrot and Stick' Option On Niger Delta MilitancyThe new Secretary-General of the Organisation of Petroleum Exporting Countries
Barkindo Suggests 'Carrot and Stick' Option On Niger Delta Militancy
AllAfrica.com / Posted 7 days ago
The new Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, says the carrot and stick ‎option is the way forward to the militancy in the Niger Delta region. Barkindo said this while addressing State... Read more
2 related stories
7d
AllAfrica.com
New OPEC Scribe Okays Govt Negotiation With N'Delta MilitantsAbuja — Newly educated Secretary-General of the Organisation of Petroleum Expor
New OPEC Scribe Okays Govt Negotiation With N'Delta Militants
AllAfrica.com / Posted 7 days ago
Abuja — Newly educated Secretary-General of the Organisation of Petroleum Exporting Countries, (OPEC) Mr. Mohammed Barkindo yesterday expressed support for the ongoing efforts at dialogue between the Federal Government and Niger Delta militants,... Read more
2 related stories
7d
AllAfrica.com
Barkindo Confirms Talks With Militants, Rise in Crude Oil ExportsBy Tobi Soniyi and Ejiofor Alike Abuja and Lagos — in Abuja and in Lagos The i
Barkindo Confirms Talks With Militants, Rise in Crude Oil Exports
AllAfrica.com / Posted 7 days ago
By Tobi Soniyi and Ejiofor Alike Abuja and Lagos — in Abuja and in Lagos The incoming Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr. Mohammed Barkindo confirmed on Tuesday that the federal government was in talks... Read more
12 related stories
7d
AllAfrica.com
Niger Delta Militancy - Apply 'Carrots and Sticks' Approach, Says Opec ScribeAbuja — The incoming Secretary General of the Organisation of Petroleum Exporti
Niger Delta Militancy - Apply 'Carrots and Sticks' Approach, Says Opec Scribe
AllAfrica.com / Posted 7 days ago
Abuja — The incoming Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has advised the Federal Government to adopt the strategy of 'carrots and sticks' in handling Niger Delta militants. Barkindo, who... Read more
2 related stories
8d
The Economic Times
Indian crude oil basket gains $2 per barrel on calming of Brexit fearsIntermediate for July rose nearly 3 per cent to settle at $49.37 on the New Yor
Indian crude oil basket gains $2 per barrel on calming of Brexit fears
The Economic Times / Posted 8 days ago
Intermediate for July rose nearly 3 per cent to settle at $49.37 on the New York Mercantile Exchange. The price of OPEC -- Organisation of Petroleum Exporting Countries -- basket of 13 crudes rose to $46.24 a barrel on Monday, from $44.18 on the... Read more
115 related stories
8d
New Kerala
Indian crude oil basket gains USD 2 on calming of Brexit fears - newkerala.com #79845Intermediate for July rose nearly 3 per cent to settle at $49.37 on the New Yor
Indian crude oil basket gains USD 2 on calming of Brexit fears - newkerala.com #79845
New Kerala / Posted 8 days ago
Intermediate for July rose nearly 3 per cent to settle at $49.37 on the New York Mercantile Exchange. The price of OPEC -- Organisation of Petroleum Exporting Countries -- basket of 13 crudes rose to $46.24 a barrel on Monday, from $44.18 on the... Read more
8d
AllAfrica.com
Era of Cheap Oil Coming to an End - IEAthe oil market is getting closer to a normal balance of supply and demand, it's
Era of Cheap Oil Coming to an End - IEA
AllAfrica.com / Posted 8 days ago
the oil market is getting closer to a normal balance of supply and demand, it's no thanks to major producers inside the Organisation of Petroleum Exporting Countries, OPEC especially Saudi Arabia, that have kept pumping with abandon even as... Read more
8d
Sydney Morning Herald
Saudis cut crude oil exports as refineries slow outputto 2.03 million in April from 2.2 million, the data show. Export data on the JO
Saudis cut crude oil exports as refineries slow output
Sydney Morning Herald / Posted 8 days ago
to 2.03 million in April from 2.2 million, the data show. Export data on the JODI website wasn't updated for five of the 13 members of the Organisation of Petroleum Exporting Countries: Iran, the United Arab Emirates, Indonesia, Libya and Venez... Read more
13d
The Age
Global oil market seen balanced in 2017, as long as OPEC resolves turmoilmatch consumption, ending several years of oversupply, the Paris-based IEA fore
Global oil market seen balanced in 2017, as long as OPEC resolves turmoil
The Age / Posted 13 days ago
match consumption, ending several years of oversupply, the Paris-based IEA forecast on June 14. For that to happen, the Organisation of Petroleum Exporting Countries would have to pump an extra 650,000 barrels a day over the year, according to... Read more
22 related stories
13d
Sydney Morning Herald
Global oil market seen balanced in 2017, as long as OPEC resolves turmoilmatch consumption, ending several years of oversupply, the Paris-based IEA fore
Global oil market seen balanced in 2017, as long as OPEC resolves turmoil
Sydney Morning Herald / Posted 13 days ago
match consumption, ending several years of oversupply, the Paris-based IEA forecast on June 14. For that to happen, the Organisation of Petroleum Exporting Countries would have to pump an extra 650,000 barrels a day over the year, according to... Read more
22 related stories
14d
The Age
Oil falls to three-week low as risk aversion riseslow in February as the global glut is trimmed by disruptions and a slide in US
Oil falls to three-week low as risk aversion rises
The Age / Posted 14 days ago
low in February as the global glut is trimmed by disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. OPEC predicted the market will be more... Read more
22 related stories
14d
Sydney Morning Herald
Oil falls to three-week low as risk aversion riseslow in February as the global glut is trimmed by disruptions and a slide in US
Oil falls to three-week low as risk aversion rises
Sydney Morning Herald / Posted 14 days ago
low in February as the global glut is trimmed by disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. OPEC predicted the market will be more... Read more
22 related stories
14d
Canberra Times
Oil falls to three-week low as risk aversion riseslow in February as the global glut is trimmed by disruptions and a slide in US
Oil falls to three-week low as risk aversion rises
Canberra Times / Posted 14 days ago
low in February as the global glut is trimmed by disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. OPEC predicted the market will be more... Read more
22 related stories
15d
New Kerala
Indian crude basket closes ted lower on Monday - newkerala.com #76697prices have surged recently over 90 per cent from a multi-year low in February
Indian crude basket closes ted lower on Monday - newkerala.com #76697
New Kerala / Posted 15 days ago
prices have surged recently over 90 per cent from a multi-year low in February on a weaker US dollar. The price of OPEC -- Organisation of Petroleum Exporting Countries -- basket of 13 crudes fell to $46.25 a barrel on Monday, from $47.76 on the... Read more
9 related stories
15d
AllAfrica.com
Niger Delta Avengers Embraces Dialogue, Gives Condition for Peacereport that its leadership was already diligently addressing its key business a
Niger Delta Avengers Embraces Dialogue, Gives Condition for Peace
AllAfrica.com / Posted 15 days ago
report that its leadership was already diligently addressing its key business and operational challenges. Meanwhile, the Organisation of Petroleum Exporting Countries (OPEC) has said the timing that Nigeria and Canada began to see unplanned oil... Read more
34 related stories
15d
The Star
No clear sign of recovery in crude oil pricesprice collapse of the 1980s and now is the reason - a new source of supply, RAM
No clear sign of recovery in crude oil prices
The Star / Posted 15 days ago
price collapse of the 1980s and now is the reason - a new source of supply, RAM Ratings noted. Three decades ago, non-OPEC (Organisation of Petroleum Exporting Countries) output had exceeded OPEC production as supply from the North Sea (the UK and... Read more
3 related stories
19d
The Age
Oil pulls back after recent rally, greenback gaincent from a 12-year low in February amid unexpected disruptions and a slide in
Oil pulls back after recent rally, greenback gain
The Age / Posted 19 days ago
cent from a 12-year low in February amid unexpected disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. Militant attacks have hobbled production in... Read more
59 related stories
19d
Sydney Morning Herald
Oil pulls back after recent rally, greenback gaincent from a 12-year low in February amid unexpected disruptions and a slide in
Oil pulls back after recent rally, greenback gain
Sydney Morning Herald / Posted 19 days ago
cent from a 12-year low in February amid unexpected disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. Militant attacks have hobbled production in... Read more
59 related stories
19d
Canberra Times
Oil pulls back after recent rally, greenback gaincent from a 12-year low in February amid unexpected disruptions and a slide in
Oil pulls back after recent rally, greenback gain
Canberra Times / Posted 19 days ago
cent from a 12-year low in February amid unexpected disruptions and a slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. Militant attacks have hobbled production in... Read more
59 related stories
20d
New Kerala
Indian basket of crude touches $50 a barrel - newkerala.com #74647is composed of 73 per cent sour grade Dubai and Oman crudes and the rest by swe
Indian basket of crude touches $50 a barrel - newkerala.com #74647
New Kerala / Posted 20 days ago
is composed of 73 per cent sour grade Dubai and Oman crudes and the rest by sweet grade UK Brent. Meanwhile, with the Organisation of Petroleum Exporting Countries (OPEC) deciding last week against an output cut and to continue producing at... Read more
4 related stories
21d
The Age
Oil closes above $US50 a barrel in New Yorka 12-year low in February amid unexpected disruptions and a continuous slide in
Oil closes above $US50 a barrel in New York
The Age / Posted 21 days ago
a 12-year low in February amid unexpected disruptions and a continuous slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. Saudi Arabia will maintain the same level of... Read more
21d
Sydney Morning Herald
Oil closes above $US50 a barrel in New Yorka 12-year low in February amid unexpected disruptions and a continuous slide in
Oil closes above $US50 a barrel in New York
Sydney Morning Herald / Posted 21 days ago
a 12-year low in February amid unexpected disruptions and a continuous slide in US output, which is under pressure from the Organisation of Petroleum Exporting Countries' policy of pumping without limits. Saudi Arabia will maintain the same level of... Read more
23d
Gulf News
Saudi Aramco raises most Asia oil pricing amid robust demandfive refiners and traders in the region last week. Oil has rallied about 80 per
Saudi Aramco raises most Asia oil pricing amid robust demand
Gulf News / Posted 23 days ago
five refiners and traders in the region last week. Oil has rallied about 80 per cent since January, making ministers of the Organisation of Petroleum Exporting Countries confident that their two-year strategy of trying to win market share is... Read more
23d
The Borneo Post
US records weak payrollJune. Japan’s housing starts rose amid a manufacturing slowdown. European Centr
US records weak payroll
The Borneo Post / Posted 23 days ago
June. Japan’s housing starts rose amid a manufacturing slowdown. European Central Bank (ECB) held its policy unchanged. The Organisation of Petroleum Exporting Countries (OPEC) agreed to not set a limit for oil production. US personal spending... Read more
23d
Business Standard India
Aramco raises Asia crude pricing amid robust demandtraders in the region last week. Brent crude has dropped about 40 per cent sin
Aramco raises Asia crude pricing amid robust demand
Business Standard India / Posted 23 days ago
traders in the region last week. Brent crude has dropped about 40 per cent since Saudi Arabia led a 2014 decision by the Organisation of Petroleum Exporting Countries to maintain production amid a global supply glut to defend market share and... Read more
25d
Deepika
Business News Detailas traders set aside OPEC's refusal to introduce production caps. The commodit
Business News Detail
Deepika / Posted 25 days ago
as traders set aside OPEC's refusal to introduce production caps. The commodity initially fell yesterday after the Organisation of Petroleum Exporting Countries (OPEC) ended its Vienna meeting with no agreement, as expected, to lower or... Read more
26d
New Kerala
Indian equities close flat on mixed global cues - newkerala.com #72094the release of the US non-farm payrolls figures later on Friday evening. Furth
Indian equities close flat on mixed global cues - newkerala.com #72094
New Kerala / Posted 26 days ago
the release of the US non-farm payrolls figures later on Friday evening. Further, stable crude oil prices after the OPEC (Organisation of Petroleum Exporting Countries) meet failed to agree on output limits also aided the rise in key indices. The... Read more
26 related stories
26d
AllAfrica.com
Nigeria's Barkindo Is New Opec Scribethe Nigerian National Petroleum Corporation, NNPC, Dr. Mohammed Barkindo, was y
Nigeria's Barkindo Is New Opec Scribe
AllAfrica.com / Posted 26 days ago
the Nigerian National Petroleum Corporation, NNPC, Dr. Mohammed Barkindo, was yesterday, appointed Secretary General of the Organisation of Petroleum Exporting Countries (OPEC). According to a statement by OPEC, after the 169th Meeting of the... Read more
251 related stories
26d
New Kerala
Indian equities trade flat on global cues - newkerala.com #71946the release of the US non-farm payrolls figures later on Friday evening. Furth
Indian equities trade flat on global cues - newkerala.com #71946
New Kerala / Posted 26 days ago
the release of the US non-farm payrolls figures later on Friday evening. Further, stable crude oil prices after the OPEC (Organisation of Petroleum Exporting Countries) meet failed to agree on output limits aided the rise in key indices. The... Read more
26 related stories
26d
AllAfrica.com
Nigeria's Oil Output Rises to 1.6mbpd, Barkindo Appointed Opec Secretary-Generalyesterday. According to reports from Reuters and Bloomberg, Kachikwu said in V
Nigeria's Oil Output Rises to 1.6mbpd, Barkindo Appointed Opec Secretary-General
AllAfrica.com / Posted 26 days ago
yesterday. According to reports from Reuters and Bloomberg, Kachikwu said in Vienna, Austria, where oil ministers of the Organisation of Petroleum Exporting Countries (OPEC) unanimously appointed the former Group Managing Director of the Nigerian... Read more
251 related stories
26d
The Age
Oil watchers encouraged by market despite lack of OPEC actiontoo low to encourage investment. Photo: AP Oil market watchers see supply and
Oil watchers encouraged by market despite lack of OPEC action
The Age / Posted 26 days ago
too low to encourage investment. Photo: AP Oil market watchers see supply and demand moving back into balance despite the Organisation of Petroleum Exporting Countries refusing to rein in output, but remain worried prices are still too weak to... Read more
251 related stories
26d
Sydney Morning Herald
Oil watchers encouraged by market despite lack of OPEC actiontoo low to encourage investment. Photo: AP Oil market watchers see supply and
Oil watchers encouraged by market despite lack of OPEC action
Sydney Morning Herald / Posted 26 days ago
too low to encourage investment. Photo: AP Oil market watchers see supply and demand moving back into balance despite the Organisation of Petroleum Exporting Countries refusing to rein in output, but remain worried prices are still too weak to... Read more
251 related stories
26d
AllAfrica.com
Nigeria's Barkindo Emerges OPEC Secretary-GeneralNigeria's Mohammed Barkindo has emerged as the new Secretary-General of the Org
Nigeria's Barkindo Emerges OPEC Secretary-General
AllAfrica.com / Posted 26 days ago
Nigeria's Mohammed Barkindo has emerged as the new Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC). "The Conference decided to appoint Mr. Mohammed Sanusi Barkindo, from Nigeria, as Secretary General of the... Read more
11 related stories
26d
Brisbane Times
Oil watchers encouraged by market despite lack of OPEC actionOil market watchers see supply and demand moving back into balance despite the
Oil watchers encouraged by market despite lack of OPEC action
Brisbane Times / Posted 26 days ago
Oil market watchers see supply and demand moving back into balance despite the Organisation of Petroleum Exporting Countries refusing to rein in output, but remain worried prices are still too weak to drive much-needed investment. Heading into the... Read more
251 related stories
26d
AllAfrica.com
Nigeria's Mohammed Barkindo Becomes OPEC Secretary General As Cartel Looks Forward to Balanced Oil MarketNigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, was on Thurs
Nigeria's Mohammed Barkindo Becomes OPEC Secretary General As Cartel Looks Forward to Balanced Oil Market
AllAfrica.com / Posted 26 days ago
Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, was on Thursday appointed the secretary-general of the Organisation of Petroleum Exporting Countries (OPEC). Mr. Barkindo's appointment was announced in Vienna, Austria after the... Read more
251 related stories
26d
Brisbane Times
ASX ready to rallyan agreement for a new production ceiling. Brent closed above $US50 a barrel f
ASX ready to rally
Brisbane Times / Posted 26 days ago
an agreement for a new production ceiling. Brent closed above $US50 a barrel for the first time since November 3. The Organisation of Petroleum Exporting Countries' de facto leader, Saudi Arabia, had previously discussed restoring an output... Read more
251 related stories
26d
Brisbane Times
OPEC fails to agree policy but Saudis pledge no shocksan agreement for a new production ceiling. Brent closed above $US50 a barrel f
OPEC fails to agree policy but Saudis pledge no shocks
Brisbane Times / Posted 26 days ago
an agreement for a new production ceiling. Brent closed above $US50 a barrel for the first time since November 3. The Organisation of Petroleum Exporting Countries' de facto leader, Saudi Arabia, had previously discussed restoring an output... Read more
251 related stories
26d
WA Today
OPEC fails to agree policy but Saudis pledge no shocksan agreement for a new production ceiling. Brent closed above $US50 a barrel f
OPEC fails to agree policy but Saudis pledge no shocks
WA Today / Posted 26 days ago
an agreement for a new production ceiling. Brent closed above $US50 a barrel for the first time since November 3. The Organisation of Petroleum Exporting Countries' de facto leader, Saudi Arabia, had previously discussed restoring an output... Read more
251 related stories
26d
WA Today
ASX to open higher, Oil above $US50Index added less than 0.1 per cent at the close of trading. Total SA and Techni
ASX to open higher, Oil above $US50
WA Today / Posted 26 days ago
Index added less than 0.1 per cent at the close of trading. Total SA and Technip SA fell at least 1.6 per cent after the Organisation of Petroleum Exporting Countries stuck to its policy of unfettered oil production. Carmakers advanced as the... Read more
5 related stories
26d
Canberra Times
ASX to open higher, Oil above $US50Index added less than 0.1 per cent at the close of trading. Total SA and Techni
ASX to open higher, Oil above $US50
Canberra Times / Posted 26 days ago
Index added less than 0.1 per cent at the close of trading. Total SA and Technip SA fell at least 1.6 per cent after the Organisation of Petroleum Exporting Countries stuck to its policy of unfettered oil production. Carmakers advanced as the... Read more
5 related stories
26d
Brisbane Times
ASX to open higher, Oil above $US50Index added less than 0.1 per cent at the close of trading. Total SA and Techni
ASX to open higher, Oil above $US50
Brisbane Times / Posted 26 days ago
Index added less than 0.1 per cent at the close of trading. Total SA and Technip SA fell at least 1.6 per cent after the Organisation of Petroleum Exporting Countries stuck to its policy of unfettered oil production. Carmakers advanced as the... Read more
5 related stories
26d
The Age
ASX to open higher, Oil above $US50Index added less than 0.1 per cent at the close of trading. Total SA and Techni
ASX to open higher, Oil above $US50
The Age / Posted 26 days ago
Index added less than 0.1 per cent at the close of trading. Total SA and Technip SA fell at least 1.6 per cent after the Organisation of Petroleum Exporting Countries stuck to its policy of unfettered oil production. Carmakers advanced as the... Read more
5 related stories
26d
Sydney Morning Herald
ASX to open higher, Oil above $US50Index added less than 0.1 per cent at the close of trading. Total SA and Techni
ASX to open higher, Oil above $US50
Sydney Morning Herald / Posted 26 days ago
Index added less than 0.1 per cent at the close of trading. Total SA and Technip SA fell at least 1.6 per cent after the Organisation of Petroleum Exporting Countries stuck to its policy of unfettered oil production. Carmakers advanced as the... Read more
5 related stories
26d
New Kerala
OPEC no to output cut, as oil goes over $50/barrel - newkerala.com #71753Vienna/New Delhi, June 2 : With global crude oil prices climbing back over $50
OPEC no to output cut, as oil goes over $50/barrel - newkerala.com #71753
New Kerala / Posted 26 days ago
Vienna/New Delhi, June 2 : With global crude oil prices climbing back over $50 a barrel levels, the Organisation of Petroleum Exporting Countries (OPEC) on Thursday decided against an expected output cut and continue producing at existing volumes.... Read more
27d
Bangkok Post - Thailand's English news
Opec to keep oil gushingA general view prior to the start of the 169th meeting of the Organisation of P
Opec to keep oil gushing
Bangkok Post - Thailand's English news / Posted 27 days ago
A general view prior to the start of the 169th meeting of the Organisation of Petroleum Exporting Countries in Vienna on Tuesday. (EPA photo) Related Stories Opec decided Thursday to keep oil gushing after a moderate recovery in the crude eased the... Read more
251 related stories
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