Organisation of Petroleum Exporting Countries

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7h
AllAfrica.com
As FG Plans Huge Cut in Oil Sector Contracting Cycleto the high cost per barrel of the Nigerian crude oil when compared with the ou
As FG Plans Huge Cut in Oil Sector Contracting Cycle
AllAfrica.com / Posted 7 hours ago
to the high cost per barrel of the Nigerian crude oil when compared with the outputs costs of other member countries of the Organisation of Petroleum Exporting Countries (OPEC). Listing these challenges, Kachikwu said they include multiplicity of... Read more
1d
Sydney Morning Herald
Oil drops as OPEC's monthly output reaches highest since 1989is seen swelling global stockpiles. Futures fell for the first time in four da
Oil drops as OPEC's monthly output reaches highest since 1989
Sydney Morning Herald / Posted yesterday
is seen swelling global stockpiles. Futures fell for the first time in four days after a Bloomberg survey showed the Organisation of Petroleum Exporting Countries boosted output in April. Production rose by 484,000 barrels to 33.217 million a... Read more
81 related stories
1d
Canberra Times
Oil drops as OPEC's monthly output reaches highest since 1989is seen swelling global stockpiles. Futures fell for the first time in four da
Oil drops as OPEC's monthly output reaches highest since 1989
Canberra Times / Posted yesterday
is seen swelling global stockpiles. Futures fell for the first time in four days after a Bloomberg survey showed the Organisation of Petroleum Exporting Countries boosted output in April. Production rose by 484,000 barrels to 33.217 million a... Read more
81 related stories
1d
Brisbane Times
Oil drops as OPEC's monthly output reaches highest since 1989is seen swelling global stockpiles. Futures fell for the first time in four da
Oil drops as OPEC's monthly output reaches highest since 1989
Brisbane Times / Posted yesterday
is seen swelling global stockpiles. Futures fell for the first time in four days after a Bloomberg survey showed the Organisation of Petroleum Exporting Countries boosted output in April. Production rose by 484,000 barrels to 33.217 million a... Read more
81 related stories
1d
The Age
Oil drops as OPEC's monthly output reaches highest since 1989is seen swelling global stockpiles. Futures fell for the first time in four da
Oil drops as OPEC's monthly output reaches highest since 1989
The Age / Posted yesterday
is seen swelling global stockpiles. Futures fell for the first time in four days after a Bloomberg survey showed the Organisation of Petroleum Exporting Countries boosted output in April. Production rose by 484,000 barrels to 33.217 million a... Read more
81 related stories
2d
Brisbane Times
Oil reaches five-month high as US output slips againincreased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other ma
Oil reaches five-month high as US output slips again
Brisbane Times / Posted 2 days ago
increased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other market news: Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting to discuss a proposed freeze to output, according to an... Read more
81 related stories
2d
The Age
Oil reaches five-month high as US output slips againincreased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other ma
Oil reaches five-month high as US output slips again
The Age / Posted 2 days ago
increased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other market news: Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting to discuss a proposed freeze to output, according to an... Read more
81 related stories
2d
Sydney Morning Herald
Oil reaches five-month high as US output slips againincreased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other ma
Oil reaches five-month high as US output slips again
Sydney Morning Herald / Posted 2 days ago
increased 1.8 per cent to $US1.4046, the highest close since Nov. 12. Other market news: Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting to discuss a proposed freeze to output, according to an... Read more
81 related stories
2d
Canberra Times
Miners jump, Wall Street dipsproduction fell for a seventh week to the lowest level since October 2014, whil
Miners jump, Wall Street dips
Canberra Times / Posted 2 days ago
production fell for a seventh week to the lowest level since October 2014, while Interfax said Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting. "The fact we have a supply-side response coming... Read more
224 related stories
2d
Brisbane Times
Miners jump, Wall Street dipsproduction fell for a seventh week to the lowest level since October 2014, whil
Miners jump, Wall Street dips
Brisbane Times / Posted 2 days ago
production fell for a seventh week to the lowest level since October 2014, while Interfax said Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting. "The fact we have a supply-side response coming... Read more
224 related stories
2d
The Age
Miners jump, Wall Street dipsproduction fell for a seventh week to the lowest level since October 2014, whil
Miners jump, Wall Street dips
The Age / Posted 2 days ago
production fell for a seventh week to the lowest level since October 2014, while Interfax said Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting. "The fact we have a supply-side response coming... Read more
224 related stories
2d
Sydney Morning Herald
Miners jump, Wall Street dipsproduction fell for a seventh week to the lowest level since October 2014, whil
Miners jump, Wall Street dips
Sydney Morning Herald / Posted 2 days ago
production fell for a seventh week to the lowest level since October 2014, while Interfax said Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting. "The fact we have a supply-side response coming... Read more
224 related stories
2d
WA Today
Miners jump, Wall Street dipsproduction fell for a seventh week to the lowest level since October 2014, whil
Miners jump, Wall Street dips
WA Today / Posted 2 days ago
production fell for a seventh week to the lowest level since October 2014, while Interfax said Russia may take part in the Organisation of Petroleum Exporting Countries' scheduled June meeting. "The fact we have a supply-side response coming... Read more
224 related stories
4d
AllAfrica.com
World Bank Raises 2016 Oil Price Forecast to U.S.$41 Per Barrelin mid-January to $40 per barrel this month, following production disruptions i
World Bank Raises 2016 Oil Price Forecast to U.S.$41 Per Barrel
AllAfrica.com / Posted 4 days ago
in mid-January to $40 per barrel this month, following production disruptions in Iraq and Nigeria and a decline in non-Organisation of Petroleum Exporting Countries output, mainly US shale. A proposed production freeze by major producers... Read more
4 related stories
8d
The Age
US oil futures rise, extending week's advance to 8.3pcThe door is still open for cooperation between oil producers and an accord will
US oil futures rise, extending week's advance to 8.3pc
The Age / Posted 8 days ago
The door is still open for cooperation between oil producers and an accord will be discussed at the next meeting of the Organisation of Petroleum Exporting Countries in June, Ibrahim Al-Muhanna, a Saudi oil ministry adviser, said at the Paris... Read more
9 related stories
8d
Sydney Morning Herald
US oil futures rise, extending week's advance to 8.3pcThe door is still open for cooperation between oil producers and an accord will
US oil futures rise, extending week's advance to 8.3pc
Sydney Morning Herald / Posted 8 days ago
The door is still open for cooperation between oil producers and an accord will be discussed at the next meeting of the Organisation of Petroleum Exporting Countries in June, Ibrahim Al-Muhanna, a Saudi oil ministry adviser, said at the Paris... Read more
9 related stories
8d
Canberra Times
US oil futures rise, extending week's advance to 8.3pcThe door is still open for cooperation between oil producers and an accord will
US oil futures rise, extending week's advance to 8.3pc
Canberra Times / Posted 8 days ago
The door is still open for cooperation between oil producers and an accord will be discussed at the next meeting of the Organisation of Petroleum Exporting Countries in June, Ibrahim Al-Muhanna, a Saudi oil ministry adviser, said at the Paris... Read more
9 related stories
8d
Brisbane Times
US oil futures rise, extending week's advance to 8.3pcThe door is still open for cooperation between oil producers and an accord will
US oil futures rise, extending week's advance to 8.3pc
Brisbane Times / Posted 8 days ago
The door is still open for cooperation between oil producers and an accord will be discussed at the next meeting of the Organisation of Petroleum Exporting Countries in June, Ibrahim Al-Muhanna, a Saudi oil ministry adviser, said at the Paris... Read more
84 related stories
9d
The Borneo Post
Fiscal deficit target achievable on sustained oil price — MIERdevelopment in Kuwait which saw oil and gas workers ending their three-day stri
Fiscal deficit target achievable on sustained oil price — MIER
The Borneo Post / Posted 9 days ago
development in Kuwait which saw oil and gas workers ending their three-day strike, as well as, Iran’s absence at the recent Organisation of Petroleum Exporting Countries meeting, could potentially influence the movement of oil prices, going... Read more
9d
The Age
Oil lower on US inventories, OPEC uncertaintylargest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't
Oil lower on US inventories, OPEC uncertainty
The Age / Posted 9 days ago
largest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't restrain output without commitments from all Organisation of Petroleum Exporting Countries members including Iran, which has ruled out a cap for now. Crude's slump has... Read more
806 related stories
9d
Sydney Morning Herald
Oil lower on US inventories, OPEC uncertaintylargest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't
Oil lower on US inventories, OPEC uncertainty
Sydney Morning Herald / Posted 9 days ago
largest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't restrain output without commitments from all Organisation of Petroleum Exporting Countries members including Iran, which has ruled out a cap for now. Crude's slump has... Read more
806 related stories
9d
Canberra Times
Oil lower on US inventories, OPEC uncertaintylargest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't
Oil lower on US inventories, OPEC uncertainty
Canberra Times / Posted 9 days ago
largest producers in Doha on Sunday failed after Saudi Arabia said it wouldn't restrain output without commitments from all Organisation of Petroleum Exporting Countries members including Iran, which has ruled out a cap for now. Crude's slump has... Read more
806 related stories
10d
AllAfrica.com
2.4MBPD Oil Production Not Enough to Sustain Economy, Says NAEEAngola, having lost some production quantities lately. Latest data from the Ap
2.4MBPD Oil Production Not Enough to Sustain Economy, Says NAEE
AllAfrica.com / Posted 10 days ago
Angola, having lost some production quantities lately. Latest data from the April Monthly Oil Market Report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC) showed that Nigeria's crude oil production fell by 67,000 barrels per... Read more
2 related stories
10d
AllAfrica.com
Oil Output Drops Further As AGIP Declares Force Majeure On Brass Riveris coming on the heels of Angola taking over from Nigeria as the highest oil pr
Oil Output Drops Further As AGIP Declares Force Majeure On Brass River
AllAfrica.com / Posted 10 days ago
is coming on the heels of Angola taking over from Nigeria as the highest oil producing nation in Africa. The Organisation of Petroleum Exporting Countries (OPEC) latest monthly report revealed that Nigeria's oil production fell by... Read more
2 related stories
11d
AllAfrica.com
State Risks Shaky Return As Africa's Top Oil Producernot Sambisa forest and so does not need such measure. Latest data from the Apr
State Risks Shaky Return As Africa's Top Oil Producer
AllAfrica.com / Posted 11 days ago
not Sambisa forest and so does not need such measure. Latest data from the April Monthly Oil Market Report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC) showed that Nigeria's crude oil production fell by 67,000 barrels per... Read more
2 related stories
12d
AllAfrica.com
Opec to Restrategise On Output Freeze As Oil Slumps 7 Percenta deal on Sunday, the Minister of State for Petroleum Resources, Dr. Ibe Kachik
Opec to Restrategise On Output Freeze As Oil Slumps 7 Percent
AllAfrica.com / Posted 12 days ago
a deal on Sunday, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) will go back to the drawing board to work out a best approach to shore... Read more
13 related stories
12d
AllAfrica.com
Opec to Restrategise On Production Freeze, Says KachikwuAbuja — The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has sa
Opec to Restrategise On Production Freeze, Says Kachikwu
AllAfrica.com / Posted 12 days ago
Abuja — The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) will go back to the drawing board to work out the best approaches to shore up prices... Read more
806 related stories
12d
Brisbane Times
Oil shock short-lived as Aussie hits 10-month highless than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday'
Oil shock short-lived as Aussie hits 10-month high
Brisbane Times / Posted 12 days ago
less than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday's meeting of members and non-members of the Organisation of Petroleum Exporting Countries in Doha. The Aussie is also taking heart from another jump in the iron ore... Read more
4 related stories
12d
WA Today
Oil shock short-lived as Aussie hits 10-month highless than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday'
Oil shock short-lived as Aussie hits 10-month high
WA Today / Posted 12 days ago
less than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday's meeting of members and non-members of the Organisation of Petroleum Exporting Countries in Doha. The Aussie is also taking heart from another jump in the iron ore... Read more
4 related stories
12d
The Age
Oil lower as OPEC disarray narrative offset by Kuwait strikegathered in a bid to stabilise the global market, the first significant attempt
Oil lower as OPEC disarray narrative offset by Kuwait strike
The Age / Posted 12 days ago
gathered in a bid to stabilise the global market, the first significant attempt at coordinating oil output between the Organisation of Petroleum Exporting Countries and nations outside the group in 15 years. West Texas Intermediate for May... Read more
806 related stories
12d
The Age
Oil shock short-lived as Aussie hits 10-month highless than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday'
Oil shock short-lived as Aussie hits 10-month high
The Age / Posted 12 days ago
less than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday's meeting of members and non-members of the Organisation of Petroleum Exporting Countries in Doha. After surging against most currencies on that news, the US dollar... Read more
4 related stories
12d
Sydney Morning Herald
Oil shock short-lived as Aussie hits 10-month highless than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday'
Oil shock short-lived as Aussie hits 10-month high
Sydney Morning Herald / Posted 12 days ago
less than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday's meeting of members and non-members of the Organisation of Petroleum Exporting Countries in Doha. After surging against most currencies on that news, the US dollar... Read more
4 related stories
12d
Canberra Times
Oil lower as OPEC disarray narrative offset by Kuwait strikegathered in a bid to stabilise the global market, the first significant attempt
Oil lower as OPEC disarray narrative offset by Kuwait strike
Canberra Times / Posted 12 days ago
gathered in a bid to stabilise the global market, the first significant attempt at coordinating oil output between the Organisation of Petroleum Exporting Countries and nations outside the group in 15 years. West Texas Intermediate for May... Read more
806 related stories
12d
Canberra Times
Oil shock short-lived as Aussie hits 10-month highless than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday'
Oil shock short-lived as Aussie hits 10-month high
Canberra Times / Posted 12 days ago
less than 48 hours after having slumped to US75.93¢ in the aftermath of Sunday's meeting of members and non-members of the Organisation of Petroleum Exporting Countries in Doha. The Aussie is also taking heart from another jump in the iron ore... Read more
4 related stories
12d
Sydney Morning Herald
Oil lower as OPEC disarray narrative offset by Kuwait strikegathered in a bid to stabilise the global market, the first significant attempt
Oil lower as OPEC disarray narrative offset by Kuwait strike
Sydney Morning Herald / Posted 12 days ago
gathered in a bid to stabilise the global market, the first significant attempt at coordinating oil output between the Organisation of Petroleum Exporting Countries and nations outside the group in 15 years. West Texas Intermediate for May... Read more
806 related stories
12d
Calcutta News
Oil output freeze deal crumbles, prices plungein the meeting, but the failure of any conclusion has led to crude oil tumbling
Oil output freeze deal crumbles, prices plunge
Calcutta News / Posted 12 days ago
in the meeting, but the failure of any conclusion has led to crude oil tumbling as much as 5 percent. Reports said that Organisation of Petroleum Exporting Countries (OPEC) members will now consult among themselves and with non-OPEC oil... Read more
806 related stories
12d
AllAfrica.com
A World Drowning in Oilof a freeze, an excess supply situation normally ought to signal to dominant pr
A World Drowning in Oil
AllAfrica.com / Posted 12 days ago
of a freeze, an excess supply situation normally ought to signal to dominant producers like Saudi Arabia or the Organisation of Petroleum Exporting Countries (OPEC) to cut production to avoid a build-up of stock and ensure higher prices.... Read more
806 related stories
13d
Business Standard India
Why no deal in Doha is bad news for equity marketsoil cartel refused to attend the meeting. In a meeting that was attended by Sa
Why no deal in Doha is bad news for equity markets
Business Standard India / Posted 13 days ago
oil cartel refused to attend the meeting. In a meeting that was attended by Saudi Arabia, Russia, Kuwait and other OPEC (Organisation of Petroleum Exporting Countries) members, but not Iran, could not reach a decision as Saudi Arabia insisted... Read more
806 related stories
13d
The Telegraph
Oil prices dip after Saudis torpedo output-freeze meet over Iran's absenceto stabilise output at January levels until October 2016. But the deal crumble
Oil prices dip after Saudis torpedo output-freeze meet over Iran's absence
The Telegraph / Posted 13 days ago
to stabilise output at January levels until October 2016. But the deal crumbled when Saudi Arabia, a heavyweight in the Organisation of Petroleum Exporting Countries, demanded that Iran join in despite its repeated assertions it would not do so... Read more
806 related stories
13d
AllAfrica.com
Opec, Non-Opec Deal Faces Fresh Hurdle Over Saudi, Iran TensionsBy Tobi Soniyi and Ejiofor Alike in Lagos with Agency Reports The global deal
Opec, Non-Opec Deal Faces Fresh Hurdle Over Saudi, Iran Tensions
AllAfrica.com / Posted 13 days ago
By Tobi Soniyi and Ejiofor Alike in Lagos with Agency Reports The global deal between the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC producers on freezing crude oil output faces fresh hurdles with Saudi Arabia's demand... Read more
806 related stories
13d
AllAfrica.com
IEA Predicts Limited Impact From Oil Producing Countries' MeetingThe International Energy Agency (IEA) has predicted that the outcome of yesterd
IEA Predicts Limited Impact From Oil Producing Countries' Meeting
AllAfrica.com / Posted 13 days ago
The International Energy Agency (IEA) has predicted that the outcome of yesterday's meeting in Doha, Qatar, between the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC to freeze oil production would have limited impact on physical... Read more
806 related stories
13d
Australian Broadcasting Corporation
OPEC's failure to cap production hits oil prices, Australian tax revenuenow that three decades of sanctions on its oil industry have ended, and failed
OPEC's failure to cap production hits oil prices, Australian tax revenue
Australian Broadcasting Corporation / Posted 13 days ago
now that three decades of sanctions on its oil industry have ended, and failed to even participate in the meetings. Organisation of Petroleum Exporting Countries (OPEC) members will now consult among themselves and with non-OPEC oil... Read more
13d
AllAfrica.com
Opec Fails to Reach Consensus On Production Cut, Amid Iran, Saudi DisagreementThe emergency meeting of the Organisation of Petroleum Exporting Countries, OPE
Opec Fails to Reach Consensus On Production Cut, Amid Iran, Saudi Disagreement
AllAfrica.com / Posted 13 days ago
The emergency meeting of the Organisation of Petroleum Exporting Countries, OPEC, convened to find a common ground to boost oil prices ended without any resolution. The meeting held in Doha, the Qatar capital, could not reach a resolution on whether... Read more
806 related stories
13d
AllAfrica.com
Opec - Oil Freeze Deal Suffers Setback Over S'Arabia, Iran Feudrivals Saudi Arabia and Iran ruined prospects of the first binding oil output d
Opec - Oil Freeze Deal Suffers Setback Over S'Arabia, Iran Feud
AllAfrica.com / Posted 13 days ago
rivals Saudi Arabia and Iran ruined prospects of the first binding oil output deal in 15 years between members of the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC nations. Prior to the collapse of the meeting, 18 nations... Read more
806 related stories
13d
The Times & The Sunday Times
Oil producers to close tapsa draft agreement was in the works to freeze output at January levels until at
Oil producers to close taps
The Times & The Sunday Times / Posted 13 days ago
a draft agreement was in the works to freeze output at January levels until at least October. Producers in and out the Organisation of Petroleum Exporting Countries are anxious to stem a market nosedive that has cost exporters billions in lost... Read more
806 related stories
13d
dna
Oil prices decline after Doha output freeze agreement failson capping output aimed at easing a global supply glut during a meeting in Doha
Oil prices decline after Doha output freeze agreement fails
dna / Posted 13 days ago
on capping output aimed at easing a global supply glut during a meeting in Doha. Hopes the world's main producer cartel, Organisation of Petroleum Exporting Countries (OPEC), and other major exporters like Russia would agree to freeze output has... Read more
806 related stories
13d
Australian Broadcasting Corporation
Doha oil deal failure sparks crude price plungesuch an inevitable affair." The meeting is the first meaningful attempt in 15
Doha oil deal failure sparks crude price plunge
Australian Broadcasting Corporation / Posted 13 days ago
such an inevitable affair." The meeting is the first meaningful attempt in 15 years at coordinating oil output between the Organisation of Petroleum Exporting Countries (OPEC) and those outside the group.Australian oil companies slump, dollar... Read more
806 related stories
13d
dna
Iran refusal to freeze oil production levels saves India; IEA says more oil will be pumped in 2016 than what world needsA global pact among the Organisation of Petroleum Exporting Countries (Opec) an
Iran refusal to freeze oil production levels saves India; IEA says more oil will be pumped in 2016 than what world needs
dna / Posted 13 days ago
A global pact among the Organisation of Petroleum Exporting Countries (Opec) and non-Opec countries producing crude oil to freeze oil production levels in order to counter falling prices ran into trouble due to Iran not willing to toe the line,... Read more
806 related stories
13d
The Borneo Post
More impairments needed for significant shift in O&G sectorfor 2016. Recent surge in oil prices seemed to have priced in potential product
More impairments needed for significant shift in O&G sector
The Borneo Post / Posted 13 days ago
for 2016. Recent surge in oil prices seemed to have priced in potential production control to be agreed upon between Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries in the Doha meeting on April 17, 2016, of which... Read more
14d
AllAfrica.com
250,000 Barrels of Oil Per Day Being Lost in Niger Deltatop oil producer status to Angola following vast drops in crude oil production.
250,000 Barrels of Oil Per Day Being Lost in Niger Delta
AllAfrica.com / Posted 14 days ago
top oil producer status to Angola following vast drops in crude oil production. According to the latest data from the Organisation of Petroleum Exporting Countries, Nigeria's daily crude oil production fell by 67,000 barrels per day last... Read more
8 related stories
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