OPEC

  • May 15, 2012
  • 2 min read

Global oil prices face medium-term decline

The drop in oil prices since early April largely reflects perceptions that tensions over the...

International
  • Apr 2, 2012
  • 2 min read

Attempts to rein in global oil prices may be futile

Dated Brent oil contracts traded near 122 dollars today.

International
  • Feb 15, 2012
  • 2 min read

Dynamics weaken OPEC but its influence will endure

OPEC's current level of oil production accounts for just over 40% of total world supply.

International
  • Jan 24, 2012
  • 1 min read

Instability clouds Libyan oil production outlook

Two major Libyan oil producing companies expect to reach pre-conflict production levels by the...

Libya
  • Jan 16, 2012
  • 2 min read

Iran tension highlights OPEC divisions

Seyed Mohammad Ali Khatibi, Iran's OPEC governor, warned the country's "Southern neighbours" that...

International
  • Jan 4, 2012
  • 2 min read

Arab uprisings will increase oil supply pressures

The Arab uprisings intensified volatility in the oil market last year, with the price of Brent...

Middle East
  • Dec 30, 2011
  • 2 min read

OPEC set to exceed production target in 2012

Oil prices face opposing pressures from geopolitical instability and global economic woes.

International
  • Dec 15, 2011
  • 2 min read

Oil under 100 dollars would prompt OPEC target cuts

OPEC members yesterday agreed to target a production of 30 million barrels a day (b/d) for the...

International