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Search Keyword OPEC Total: 31 results found.
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Oil weighed down by Opec and IEA caution
Category: Commodity News/Power & Energy Commodity News
Source: Financial Times, 13th August 2010 Oil prices ended the week lower after the Opec oil cartel and the International Energy Agency highlighted their worries about global oil demand growth. Read ...
Friday, 13 August 2010 -
UK Energy companies ideally placed to exploit rising commodity price
Category: Commodity News/Power & Energy Commodity News
... “The market outlook research shows that longer term oil supplies are potentially under threat – for example, through suspension of deepwater drilling in the United States and a weakening non-OPEC outlook. ...
Tuesday, 10 August 2010 -
Nigeria oil reforms to pass soon, bid round to follow
Category: Commodity Reports/Power & Energy Commodity Reports
... is always interested but there are a wide variety of interested parties, including America," she said. The OPEC member holds periodic licensing rounds for new blocks and has said the next will be a chance ...
Monday, 02 August 2010 -
Cloudy economic outlook keeps oil range-bound
Category: Commodity News/Power & Energy Commodity News
... Two-thirds of 36 analysts surveyed by Bloomberg News expected oil prices either to decline or stay about the same next week, due to increased production by OPEC members in July and an expected increase ...
Saturday, 31 July 2010 -
Opec in NGL production surge
Category: Commodity News/Power & Energy Commodity News
Source: Financial Times, 21st July 2010 The Opec oil cartel is busting its own production limits by lifting output of condensates and natural gas liquids, a little-known corner of the market often called ...
Wednesday, 21 July 2010 -
Iran sees OPEC crudes up to $80 by year-end reports
Category: Commodity News/Power & Energy Commodity News
Tehran, 5 July 2010 Surplus OPEC capacity is keeping the price of crude down, but oil prices are likely to rise to $80 by the end of the year, Iran's OPEC governor Mohammad Ali Khatibi said on Sunday, ...
Monday, 05 July 2010 -
Outlook for oil and natural gas markets uncertain: IEA
Category: Commodity News/Power & Energy Commodity News
... 2015. Oil demand recovers to pre-crisis 2007 levels again by 2010. Effective OPEC spare capacity in this scenario begins to decline again as soon as next year, reaching 3.6 mb/d by 2015. While new OPEC ...
Wednesday, 23 June 2010 -
Chinese NOCs’ acquisition spend US$25 billion
Category: Commodity News/Power & Energy Commodity News
... in net overseas production reaching a new record level of 1 million barrels of oil equivalent per day (boe/d) in 2010 from CNPC/PetroChina, Sinopec Group and CNOOC Ltd combined. Wood Mackenzie expects ...
Tuesday, 15 June 2010 -
IEA may cut U.S. Gulf oil output estimates
Category: Commodity News/Power & Energy Commodity News
... on oil producers. Levels would keep within the $60-80 range in the medium term due to ample supplies in OECD nations and spare OPEC capacity, barring a double-dip recession, he added. "Obviously, the ...
Wednesday, 09 June 2010 -
Falling rice prices revive demand for OPEC-like cartel
Category: Commodity News/Agriculture & Softs Commodity News
New Delhi, 27 May 2010 Asian benchmark rice prices are set to fall further due to swelling supplies, reviving prospects of an OPEC-like cartel of key producers, the head of a leading Indian rice trading ...
Thursday, 27 May 2010 -
WTI: Chocolate teapot or canary in the mine?
Category: Commodity News/Power & Energy Commodity News
... of OPEC crudes. Many commentators blamed the divergence on "congestion" around the delivery point and suggested it overstated the degree of slack in international oil markets. Other spot crudes were ...
Thursday, 27 May 2010 -
Shifting balance of risk on oil prices
Category: Commodity News/Power & Energy Commodity News
... near or below the $75 target Saudi Arabia's King Abdullah identified in late 2008 as a "fair" price for consumers and producers. They are well within the informal $70-80 range ministers from OPEC and the ...
Monday, 24 May 2010 -
Slack fundamentals pull oil back to earth
Category: Commodity News/Power & Energy Commodity News
... A combination of OPEC output restraint and U.S. refiners' run cuts has subsequently worked stocks down, with total inventories falling almost 9 days to 53 days consumption by early March 2010. Inventories ...
Thursday, 20 May 2010 -
Psychological plunge in oil prices makes OPEC nervous
Category: Commodity News/Power & Energy Commodity News
London, 19 May 2010 The plunge in oil prices in the wake of the euro crisis has OPEC worried. Qatar oil minister Abdullah bin Hamad Al Attiyah emerged as an unofficial spokesman for the oil cartel over ...
Wednesday, 19 May 2010 -
Oil prices drop further in as Euro’s travails continue
Category: Commodity News/Power & Energy Commodity News
... OPEC has repeatedly said it would like oil prices to stay in a range of $70 to $80 a barrel, and the oil cartel might be prompted to cut production if prices fell below $70. The buildup of inventories ...
Saturday, 15 May 2010 -
IEA: Oil market highlights
Category: Commodity News/Power & Energy Commodity News
... by a higher price assumption. • OPEC crude output rose by 40 kb/d in April, to 29.03 mb/d, sustaining a trend of largely stable supply since mid‐2009. The ‘call on OPEC crude and stock change’ for 2010 ...
Wednesday, 12 May 2010 -
OPEC Monthly Oil Market Report, May 2010
Category: Commodity Reports/Power & Energy Commodity Reports
OPEC Monthly Oil Market Report, May 2010 ...
Tuesday, 11 May 2010 -
OPEC sees oil oversupply, too early for action
Category: Commodity News/Power & Energy Commodity News
London, 10 May 2010 OPEC's Secretary General said on Sunday global oil markets were oversupplied, but it was too early to talk about the producer group taking action to halt the sharp price fall sparked ...
Monday, 10 May 2010 -
Spill backlash could lift drilling costs and oil price
Category: Commodity News/Power & Energy Commodity News
... imaging since the 1990s also make subsea reservoirs the most likely deposits yet to be discovered. The barrels are central to oil supply fron non-OPEC countries, located in regions like the U.S. Gulf, ...
Friday, 07 May 2010 -
OPEC oil output rises in April: Reuters survey
Category: Commodity News/Power & Energy Commodity News
London, 30 April 2010 OPEC crude oil supply has risen in April, led by Nigeria and Saudi Arabia, a Reuters survey showed on Thursday, as compliance with agreed output targets extended a year-long slide. ...
Friday, 30 April 2010