Organisation of Petroleum Exporting Countries

Latest stories

17m
The Age
Saudis open door to oil compromise with IranEast politics and domestic pride that have over decades made the allocation of
Saudis open door to oil compromise with Iran
The Age / Posted 17 minutes ago
East politics and domestic pride that have over decades made the allocation of individual ceilings for each member of the Organisation of Petroleum Exporting Countries the most difficult issue the group has to deal with. OPEC has in the past... Read more
192 related stories
18m
Sydney Morning Herald
Saudis open door to oil compromise with IranEast politics and domestic pride that have over decades made the allocation of
Saudis open door to oil compromise with Iran
Sydney Morning Herald / Posted 18 minutes ago
East politics and domestic pride that have over decades made the allocation of individual ceilings for each member of the Organisation of Petroleum Exporting Countries the most difficult issue the group has to deal with. OPEC has in the past... Read more
192 related stories
21m
Canberra Times
Saudis open door to oil compromise with IranEast politics and domestic pride that have over decades made the allocation of
Saudis open door to oil compromise with Iran
Canberra Times / Posted 21 minutes ago
East politics and domestic pride that have over decades made the allocation of individual ceilings for each member of the Organisation of Petroleum Exporting Countries the most difficult issue the group has to deal with. OPEC has in the past... Read more
192 related stories
2h
Business Standard India
Oil slumps as Iran-Saudi discord dims freeze prospectssignalled that an agreement to stabilise oil prices could be struck at a Novemb
Oil slumps as Iran-Saudi discord dims freeze prospects
Business Standard India / Posted 2 hours ago
signalled that an agreement to stabilise oil prices could be struck at a November 30 meeting in Vienna of the Organisation of Petroleum Exporting Countries. "I remain optimistic on the basis of market fundamentals that are moving in... Read more
192 related stories
16h
Brisbane Times
Global relief after US debate buoys shares, currenciesmaking it the top performer in the ASX 200. The price of oil continues to whip
Global relief after US debate buoys shares, currencies
Brisbane Times / Posted 16 hours ago
making it the top performer in the ASX 200. The price of oil continues to whipsaw as investors weigh the chance of the Organisation of Petroleum Exporting Countries reaching an output deal in order to stabilise markets. News of a switch between... Read more
11 related stories
17h
WA Today
Global relief after US debate buoys shares, currenciesmaking it the top performer in the ASX 200. The price of oil continues to whip
Global relief after US debate buoys shares, currencies
WA Today / Posted 17 hours ago
making it the top performer in the ASX 200. The price of oil continues to whipsaw as investors weigh the chance of the Organisation of Petroleum Exporting Countries reaching an output deal in order to stabilise markets. News of a switch between... Read more
11 related stories
17h
The Age
Global relief after US debate buoys shares, currenciesmaking it the top performer in the ASX 200. The price of oil continues to whip
Global relief after US debate buoys shares, currencies
The Age / Posted 17 hours ago
making it the top performer in the ASX 200. The price of oil continues to whipsaw as investors weigh the chance of the Organisation of Petroleum Exporting Countries reaching an output deal in order to stabilise markets. News of a switch between... Read more
11 related stories
17h
Sydney Morning Herald
Global relief after US debate buoys shares, currenciesmaking it the top performer in the ASX 200. The price of oil continues to whip
Global relief after US debate buoys shares, currencies
Sydney Morning Herald / Posted 17 hours ago
making it the top performer in the ASX 200. The price of oil continues to whipsaw as investors weigh the chance of the Organisation of Petroleum Exporting Countries reaching an output deal in order to stabilise markets. News of a switch between... Read more
11 related stories
17h
Canberra Times
Global relief after US debate buoys shares, currenciesmaking it the top performer in the ASX 200. The price of oil continues to whip
Global relief after US debate buoys shares, currencies
Canberra Times / Posted 17 hours ago
making it the top performer in the ASX 200. The price of oil continues to whipsaw as investors weigh the chance of the Organisation of Petroleum Exporting Countries reaching an output deal in order to stabilise markets. News of a switch between... Read more
11 related stories
1d
The Age
Oil speculators see no hope of OPEC supply agreementto limit supply at a gathering this week in Algiers. Money managers increased
Oil speculators see no hope of OPEC supply agreement
The Age / Posted yesterday
to limit supply at a gathering this week in Algiers. Money managers increased bets on falling prices by half as the Organisation of Petroleum Exporting Countries kept pumping at a record rate before the meeting. Prices rose as high as... Read more
192 related stories
1d
Sydney Morning Herald
Oil speculators see no hope of OPEC supply agreementto limit supply at a gathering this week in Algiers. Money managers increased
Oil speculators see no hope of OPEC supply agreement
Sydney Morning Herald / Posted yesterday
to limit supply at a gathering this week in Algiers. Money managers increased bets on falling prices by half as the Organisation of Petroleum Exporting Countries kept pumping at a record rate before the meeting. Prices rose as high as... Read more
192 related stories
1d
Canberra Times
Oil speculators see no hope of OPEC supply agreementto limit supply at a gathering this week in Algiers. Money managers increased
Oil speculators see no hope of OPEC supply agreement
Canberra Times / Posted yesterday
to limit supply at a gathering this week in Algiers. Money managers increased bets on falling prices by half as the Organisation of Petroleum Exporting Countries kept pumping at a record rate before the meeting. Prices rose as high as... Read more
192 related stories
1d
asianage
Oil edges higher ahead of OPEC meetingthe wellspring of optimism should be tempered by experience of two years of glu
Oil edges higher ahead of OPEC meeting
asianage / Posted yesterday
the wellspring of optimism should be tempered by experience of two years of gluts and disagreement among members of the Organisation of Petroleum Exporting Countries (OPEC). OPEC and Russia are slated to begin meeting later Monday on the... Read more
2d
The Economic Times
OPEC supply cut only way to push up oil prices: PollDUBAI: A Dubai-based regional research firm said here on Sunday the Organisatio
OPEC supply cut only way to push up oil prices: Poll
The Economic Times / Posted 2 days ago
DUBAI: A Dubai-based regional research firm said here on Sunday the Organisation of Petroleum Exporting Countries (OPEC) needs to cut production to sustain a rise in crude prices above $50 a barrel. According to the GIQ Industry Survey, "it does not... Read more
2 related stories
2d
New Zealand's National Business Review
World Week Ahead: Eyes on Opec, US debateThe Organisation of Petroleum Exporting Countries will meet in Algiers today, w
World Week Ahead: Eyes on Opec, US debate
New Zealand's National Business Review / Posted 2 days ago
The Organisation of Petroleum Exporting Countries will meet in Algiers today, with investors watching to see if an agreement on limiting oil output can be reached in an effort to ease the global glut and bolster prices. On Friday US West Texas... Read more
54 related stories
2d
Channel NewsAsia
Algeria calls for OPEC decision to stabilise oil pricein Algiers. Oil prices are already depressed after two years of oversupply ami
Algeria calls for OPEC decision to stabilise oil price
Channel NewsAsia / Posted 2 days ago
in Algiers. Oil prices are already depressed after two years of oversupply amid deep disagreements between members of the Organisation of Petroleum Exporting Countries. Failing to agree on a production freeze could push prices even lower,... Read more
192 related stories
4d
AllAfrica.com
Nigeria's Oil, Gas Earnings Fall to N537.19 Billionat $45.18 per barrel and Forcados at $46.05 per barrel exhibited similar trends
Nigeria's Oil, Gas Earnings Fall to N537.19 Billion
AllAfrica.com / Posted 4 days ago
at $45.18 per barrel and Forcados at $46.05 per barrel exhibited similar trends as the Bonny Light. "The average price of Organisation of Petroleum Exporting Countries (OPEC) basket of eleven selected crude streams, at $42.38 per barrel, indicated... Read more
4d
AllAfrica.com
FIRS Hunts Down 700,000 Firms in Tax Crackdown to Offset Oil Slumpthat he also expected 10 million individuals to be discovered by December and m
FIRS Hunts Down 700,000 Firms in Tax Crackdown to Offset Oil Slump
AllAfrica.com / Posted 4 days ago
that he also expected 10 million individuals to be discovered by December and made to pay taxes for the first time. The Organisation of Petroleum Exporting Countries (OPEC) member slid into recession in the second quarter and militant attacks on... Read more
5 related stories
5d
Al-Ahram Weekly
Voice of the voiceless in Venezuelatoo, it was a success, and we managed to coordinate policy on oil prices by bil
Voice of the voiceless in Venezuela
Al-Ahram Weekly / Posted 5 days ago
too, it was a success, and we managed to coordinate policy on oil prices by bilateral meetings with a number of the Organisation of Petroleum Exporting Countries (OPEC) member states on the sidelines of the NAM meeting,” Juan Antonio... Read more
41 related stories
5d
Brisbane Times
Oil rises to two-week high on hope for Saudi, Iran accordright time for OPEC to make a deal, which is also supportive." Oil has fluctua
Oil rises to two-week high on hope for Saudi, Iran accord
Brisbane Times / Posted 5 days ago
right time for OPEC to make a deal, which is also supportive." Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree on ways to stabilise the market when they meet on... Read more
192 related stories
5d
The Age
Oil rises to two-week high on hope for Saudi, Iran accordright time for OPEC to make a deal, which is also supportive." Oil has fluctua
Oil rises to two-week high on hope for Saudi, Iran accord
The Age / Posted 5 days ago
right time for OPEC to make a deal, which is also supportive." Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree on ways to stabilise the market when they meet on... Read more
192 related stories
5d
Sydney Morning Herald
Oil rises to two-week high on hope for Saudi, Iran accordright time for OPEC to make a deal, which is also supportive." Oil has fluctua
Oil rises to two-week high on hope for Saudi, Iran accord
Sydney Morning Herald / Posted 5 days ago
right time for OPEC to make a deal, which is also supportive." Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree on ways to stabilise the market when they meet on... Read more
192 related stories
5d
Canberra Times
Oil rises to two-week high on hope for Saudi, Iran accordright time for OPEC to make a deal, which is also supportive." Oil has fluctua
Oil rises to two-week high on hope for Saudi, Iran accord
Canberra Times / Posted 5 days ago
right time for OPEC to make a deal, which is also supportive." Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree on ways to stabilise the market when they meet on... Read more
192 related stories
5d
The Irish Times
Oil continues to rise as US stockpiles fallper cent in New York after advancing 2.9 per cent on Wednesday. Oil has fluctu
Oil continues to rise as US stockpiles fall
The Irish Times / Posted 5 days ago
per cent in New York after advancing 2.9 per cent on Wednesday. Oil has fluctuated since August’s rally on speculation the Organisation of Petroleum Exporting Countries (Opec) and Russia will agree on ways to stabilise the market when they meet... Read more
6d
Louth Leader
What happened this week in historyofficially proclaimed a republic. 1959 - The Soviet Lunik II became the first
What happened this week in history
Louth Leader / Posted 6 days ago
officially proclaimed a republic. 1959 - The Soviet Lunik II became the first spacecraft to land on the Moon. 1960 -The Organisation of Petroleum Exporting Countries (OPEC) was founded. 1961 - The first Mothercare shop opened, in... Read more
7d
Canberra Times
Oil slips as Algiers meeting seen turning formalmotor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctua
Oil slips as Algiers meeting seen turning formal
Canberra Times / Posted 7 days ago
motor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree next week in Algiers on ways to stabilise the market. The... Read more
192 related stories
7d
Brisbane Times
Oil slips as Algiers meeting seen turning formalmotor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctua
Oil slips as Algiers meeting seen turning formal
Brisbane Times / Posted 7 days ago
motor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree next week in Algiers on ways to stabilise the market. The... Read more
192 related stories
7d
The Age
Oil slips as Algiers meeting seen turning formalmotor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctua
Oil slips as Algiers meeting seen turning formal
The Age / Posted 7 days ago
motor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree next week in Algiers on ways to stabilise the market. The... Read more
192 related stories
7d
Sydney Morning Herald
Oil slips as Algiers meeting seen turning formalmotor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctua
Oil slips as Algiers meeting seen turning formal
Sydney Morning Herald / Posted 7 days ago
motor fuel climbed 7.4 per cent last week. Photo: Daniel Acker Oil has fluctuated since August's rally on speculation the Organisation of Petroleum Exporting Countries and Russia will agree next week in Algiers on ways to stabilise the market. The... Read more
192 related stories
8d
New Kerala
Russia receives hopeful signals from Iran on oil prices - newkerala.com #120581of oil prices based on justice, fairness and fair quota of all the oil producer
Russia receives hopeful signals from Iran on oil prices - newkerala.com #120581
New Kerala / Posted 8 days ago
of oil prices based on justice, fairness and fair quota of all the oil producers," Rouhani said. Iran, a member of Organisation of Petroleum Exporting Countries (OPEC), has been ramping up production to its pre-sanctions levels despite the... Read more
9 related stories
10d
New Kerala
NAM Summit: Host Venezuela seeks support to bolster oil prices - newkerala.com #120128seeking," he said. During September 26-28, Algeria is to host meetings of the
NAM Summit: Host Venezuela seeks support to bolster oil prices - newkerala.com #120128
New Kerala / Posted 10 days ago
seeking," he said. During September 26-28, Algeria is to host meetings of the International Energy Forum and the 13-nation Organisation of Petroleum Exporting Countries (OPEC), which are also taking part in the NAM Summit. Indian Vice President... Read more
41 related stories
10d
New Kerala
NAM Summit: Host Venezuela seeks support to bolster oil prices - newkerala.com #120049seeking," he said. During September 26-28, Algeria is to host meetings of the
NAM Summit: Host Venezuela seeks support to bolster oil prices - newkerala.com #120049
New Kerala / Posted 10 days ago
seeking," he said. During September 26-28, Algeria is to host meetings of the International Energy Forum and the 13-nation Organisation of Petroleum Exporting Countries (OPEC), which are also taking part in the NAM Summit. Indian Vice President... Read more
41 related stories
11d
Canberra Times
Oil drops as Nigeria, Libya poised to add to global glutin almost two years should load by Saturday. Photo: AP Oil has fluctuated sinc
Oil drops as Nigeria, Libya poised to add to global glut
Canberra Times / Posted 11 days ago
in almost two years should load by Saturday. Photo: AP Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting in... Read more
27 related stories
11d
Brisbane Times
Oil drops as Nigeria, Libya poised to add to global glutin almost two years should load by Saturday. Photo: AP Oil has fluctuated sinc
Oil drops as Nigeria, Libya poised to add to global glut
Brisbane Times / Posted 11 days ago
in almost two years should load by Saturday. Photo: AP Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting in... Read more
27 related stories
11d
Sydney Morning Herald
Oil drops as Nigeria, Libya poised to add to global glutin almost two years should load by Saturday. Photo: AP Oil has fluctuated sinc
Oil drops as Nigeria, Libya poised to add to global glut
Sydney Morning Herald / Posted 11 days ago
in almost two years should load by Saturday. Photo: AP Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting in... Read more
27 related stories
11d
The Age
Oil drops as Nigeria, Libya poised to add to global glutin almost two years should load by Saturday. Photo: AP Oil has fluctuated sinc
Oil drops as Nigeria, Libya poised to add to global glut
The Age / Posted 11 days ago
in almost two years should load by Saturday. Photo: AP Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting in... Read more
27 related stories
13d
Canberra Times
Oil drops on bet that US crude inventories will reboundrise in the weeks ahead because of refinery maintenance." Oil has fluctuated s
Oil drops on bet that US crude inventories will rebound
Canberra Times / Posted 13 days ago
rise in the weeks ahead because of refinery maintenance." Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting later... Read more
10 related stories
13d
Brisbane Times
Oil drops on bet that US crude inventories will reboundrise in the weeks ahead because of refinery maintenance." Oil has fluctuated s
Oil drops on bet that US crude inventories will rebound
Brisbane Times / Posted 13 days ago
rise in the weeks ahead because of refinery maintenance." Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting later... Read more
10 related stories
13d
The Age
Oil drops on bet that US crude inventories will reboundrise in the weeks ahead because of refinery maintenance." Oil has fluctuated s
Oil drops on bet that US crude inventories will rebound
The Age / Posted 13 days ago
rise in the weeks ahead because of refinery maintenance." Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting later... Read more
10 related stories
13d
Sydney Morning Herald
Oil drops on bet that US crude inventories will reboundrise in the weeks ahead because of refinery maintenance." Oil has fluctuated s
Oil drops on bet that US crude inventories will rebound
Sydney Morning Herald / Posted 13 days ago
rise in the weeks ahead because of refinery maintenance." Oil has fluctuated since rallying in August amid speculation the Organisation of Petroleum Exporting Countries and Russia would agree on measures to stabilise the market at a meeting later... Read more
10 related stories
13d
The New Zealand Herald
Brutal sell-off may be taste of things to comewas just a glimpse of how we might behave in a sell-off. Bernard Doyle JBWere
Brutal sell-off may be taste of things to come
The New Zealand Herald / Posted 13 days ago
was just a glimpse of how we might behave in a sell-off. Bernard Doyle JBWere investment strategist Reports from Opec (Organisation of Petroleum Exporting Countries) and the International Energy Association, which showed that a global... Read more
10 related stories
14d
AllAfrica.com
With Non-Members Flooding Market, Opec Predicts Oil Glut in 2017By Ejiofor Alike with Agency Report The Organisation of Petroleum Exporting Co
With Non-Members Flooding Market, Opec Predicts Oil Glut in 2017
AllAfrica.com / Posted 14 days ago
By Ejiofor Alike with Agency Report The Organisation of Petroleum Exporting Countries (OPEC) has predicted a larger surplus in the oil market in 2017 from non-OPEC members as new fields come on stream, according to the cartel's monthly Oil Market... Read more
56 related stories
14d
Zero Hedge
Oil Slides After IEA Turns Pessimistic, Sees Oversupply Extending On "Dramatic Deceleration" In Crude Demandinvestment cuts, global oil production is still expanding, although nowhere nea
Oil Slides After IEA Turns Pessimistic, Sees Oversupply Extending On "Dramatic Deceleration" In Crude Demand
Zero Hedge / Posted 14 days ago
investment cuts, global oil production is still expanding, although nowhere near the breakneck pace of 2015. High-cost non-Organisation of Petroleum Exporting Countries (OPEC) producers have been hit particularly hard. However, the loss has been... Read more
56 related stories
14d
Reuters
Global oil surplus to persist into first half of 2017: IEAinvestment cuts, global oil production is still expanding, although nowhere nea
Global oil surplus to persist into first half of 2017: IEA
Reuters / Posted 14 days ago
investment cuts, global oil production is still expanding, although nowhere near the breakneck pace of 2015. High-cost non-Organisation of Petroleum Exporting Countries (OPEC) producers have been hit particularly hard. However, the loss has been... Read more
56 related stories
16d
Sydney Morning Herald
OPEC focus moves from freeze to output ceilings as unity soughtlevel. It is also the right of Libya, Nigeria to increase." Iraq said that it
OPEC focus moves from freeze to output ceilings as unity sought
Sydney Morning Herald / Posted 16 days ago
level. It is also the right of Libya, Nigeria to increase." Iraq said that it has already told officials at the Organisation of Petroleum Exporting Countries a level at which it is prepared to cap output. After two years of a Saudi-led... Read more
143 related stories
16d
Canberra Times
OPEC focus moves from freeze to output ceilings as unity soughtlevel. It is also the right of Libya, Nigeria to increase." Iraq said that it
OPEC focus moves from freeze to output ceilings as unity sought
Canberra Times / Posted 16 days ago
level. It is also the right of Libya, Nigeria to increase." Iraq said that it has already told officials at the Organisation of Petroleum Exporting Countries a level at which it is prepared to cap output. After two years of a Saudi-led... Read more
143 related stories
16d
Brisbane Times
OPEC focus moves from freeze to output ceilings as unity soughtlevel. It is also the right of Libya, Nigeria to increase." Iraq said that it
OPEC focus moves from freeze to output ceilings as unity sought
Brisbane Times / Posted 16 days ago
level. It is also the right of Libya, Nigeria to increase." Iraq said that it has already told officials at the Organisation of Petroleum Exporting Countries a level at which it is prepared to cap output. After two years of a Saudi-led... Read more
143 related stories
18d
WA Today
ECB, banks drag ASX down for fourth consecutive week$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August ra
ECB, banks drag ASX down for fourth consecutive week
WA Today / Posted 18 days ago
$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August rally, though speculation has increased the Organisation of Petroleum Exporting Countries and Russia might find a production cap later this month in order to stabilise... Read more
5 related stories
18d
Canberra Times
ECB, banks drag ASX down for fourth consecutive week$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August ra
ECB, banks drag ASX down for fourth consecutive week
Canberra Times / Posted 18 days ago
$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August rally, though speculation has increased the Organisation of Petroleum Exporting Countries and Russia might find a production cap later this month in order to stabilise... Read more
5 related stories
18d
Brisbane Times
ECB, banks drag ASX down for fourth consecutive week$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August ra
ECB, banks drag ASX down for fourth consecutive week
Brisbane Times / Posted 18 days ago
$US49.53 a barrel on Friday afternoon. Oil has been sliding since its August rally, though speculation has increased the Organisation of Petroleum Exporting Countries and Russia might find a production cap later this month in order to stabilise... Read more
5 related stories
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