OPEC

  • Jan 13, 2009
  • 1 min read

INTERNATIONAL: Oil shows resilience despite downturn

The NYMEX 1st Month crude oil contract today is trading at roughly 36.62 dollars per barrel.

International
  • Jan 7, 2009
  • 7 min read

VENEZUELA: Oil price fall spells difficult decisions

Venezuela is the major non-Middle Eastern OPEC oil producer/exporter. Decisions made by Caracas...

Venezuela
  • Jan 7, 2009
  • 1 min read

VENEZUELA: Oil price fall spells difficult decisions

Venezuela is the major non-Middle Eastern OPEC oil producer/exporter, and the government will be...

Venezuela
  • Dec 19, 2008
  • 6 min read

RUSSIA/OPEC: Supply crunch fosters cooperation

Deputy Prime Minister Igor Sechin told OPEC on December 17 that Russia was ready to cut oil...

Russia
  • Dec 18, 2008
  • 2 min read

INTERNATIONAL: Economic gloom trumps OPEC cuts

OPEC yesterday announced it would cut production, effective January 1, by 2.2 million barrels per...

International
  • Dec 17, 2008
  • 2 min read

AZERBAIJAN/OPEC: Baku mulls joining oil cut strategy

Azerbaijan could cut oil production by up to 300,000 barrels/day (b/d) to support OPEC's aim of a...

Azerbaijan
  • Dec 16, 2008
  • 2 min read

INTERNATIONAL: OPEC cut may not stem price slide

OPEC tomorrow will meet in Oran, Algeria to discuss cutting output to stem the precipitous fall...

International
  • Dec 12, 2008
  • 2 min read

INTERNATIONAL: Declining demand might trump OPEC cuts

Oil prices yesterday gained roughly 10% in the run up to OPEC's December 17 meeting and the news...

International