Organisation of Petroleum Exporting Countries articles over last 30 days

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2014/10/23 08:46
2014/10/23 08:46
2d
Lower for longer petrol prices are the good news from the fall in crude oil, but shareholders in energy stocks face a bleak outlook. Australia's two biggest primary oil players are Woodside Petroleum...
2014/10/23 08:46
2014/10/23 08:46
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2014/10/23 06:55
2014/10/23 06:55
2d
... price of oil will hit its floor and it will rise again,� President Nicolas Maduro assured Venezuelans, whose shaky economy depends critically on a high oil price. �Venezuela will continue with...
2014/10/22 10:39
2014/10/22 10:39
3d
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $82.09 a barrel Tuesday compared to $82.37 Monday, the OPEC Secretariat said. The new OPEC reference...
2014/10/20 22:10
2014/10/20 22:10
4d
A summary of trading in key commodities markets overseas: Oil prices have dipped on concerns about high supplies and more signs from key Middle Eastern producers that OPEC has no plans to cut crude...
2014/10/20 20:56
2014/10/20 20:56
4d
NEW YORK: Oil prices dipped on Monday (Oct 20) on concerns about high supplies and more signs from key Middle Eastern producers that OPEC has no plans to cut crude output. US benchmark West Texas...
2014/10/20 05:09
2014/10/20 05:09
5d
Demand is now their primary concern. In a classic example of markets overshooting, consumption has failed to keep pace with the rush by investors and producers to boost output across the entire...
2014/10/17 10:38
2014/10/17 10:38
8d
The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $81.17 a barrel Thursday compared to $81.89 Wednesday, the OPEC Secretariat said. The new OPEC...
2014/10/17 07:38
2014/10/17 07:38
8d
Venezuelan President Nicolas Maduro has blamed Washington for the slump in global oil prices. Washington was "flooding" the market with cheaper shale oil to bring down prices and ultimately impact...
2014/10/16 15:38
2014/10/16 15:38
9d
After years of incurring huge losses by selling diesel below cost, the government is finally making a profit on its sales at a rate that is doubling per fortnight even as international crude rates...
2014/10/15 20:59
2014/10/15 20:59
9d
As global oil prices continued to tumble owing to a supply glut fuelled by shale gas production in the U.S. and differences between oil producing countries over cutting production to stop the slide,...
2014/10/15 19:26
2014/10/15 19:26
9d
Global warming costs the economy Moving to a non-carbon economy would be cheaper than burning carbon in the long run, explains Dr Karl. Related Stories Welcome back to the final episode of my epic...
2014/10/14 17:49
2014/10/14 17:49
10d
Oil falls to the lowest level in almost four years International Energy Agency expects lowest growth in consumption since 2009 Futures dropped as much as 3.1 per cent in London. Photograph:...
2014/10/14 11:29
2014/10/14 11:29
11d
By Obinna Chima and Ejiofor Alike Despite the federal government's assurance that there is no cause for alarm over falling crude oil prices, investors and financial market analysts have continued to...
2014/10/11 07:38
2014/10/11 07:38
14d
Crude oil prices stabilised Friday after dropping significantly this week. The crude oil market suffered another big weekly loss amid concerns over surplus supplies. This week, the prices of US crude...
2014/10/08 22:05
2014/10/08 22:05
16d
Oil prices in New York have dropped to an 18-month low after the US petroleum inventory report showed mounting stockpiles in the world's top crude consumer. US benchmark West Texas Intermediate for...
2014/10/05 20:16
2014/10/05 20:16
19d
Next month’s Opec meeting will take place against a background of dissension between two power blocs in an organisation that controls the lifeblood of the global economy, reports Andrew...
2014/10/05 10:29
2014/10/05 10:29
20d
AUSTRALIANS could be spending up to 10c more for a litre of petrol if the world’s most powerful oil ministers ­decisively move to force up the price to defend profits. The fear arose after reports of...
2014/10/02 08:09
2014/10/02 08:09
23d
Because major commodities such as oil are priced in dollars, when the dollar strengthens it makes these resources more expensive for buyers holding other currencies, which suppresses demand. However,...
2014/10/23 08:46
2014/10/23 08:46
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