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All publications by tag «OPEC»

All publications by tag
October, 29, 18:50:00

MEXICO: OIL PRICE FALLING: $79/BBL

Mexico is poised to redraft part of next year’s federal budget after a steep fall in oil prices upended the country’s revenue assumptions.

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October, 27, 12:30:00

OIL PRICES: FIFTH WEEK FALLING: $86/BBL

Global oil prices posted a fifth weekly loss as concerns about high supplies continued to weigh on prices.

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October, 25, 00:00:00

SAUDI PLAYING VS

Oil prices have fallen by over 20% in the last couple of months. Brent is currently trading $30 below its summer spike to $115 per barrel and many are left wondering what the Saudis are playing at.

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October, 16, 21:30:00

OIL PRICES: ABOVE $80/BBL.

Bank of America Corp. and BNP Paribas SA predict prices will hold above $80 a barrel. Commerzbank AG also sees that level as a possible low for Brent crude. They’re in part counting on OPEC cutting output -- some say as soon as next month -- to compensate for recent declines in demand.

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October, 15, 22:20:00

OPEC: SWING PRODUCER

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.

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October, 15, 22:15:00

SAUDI: GLOBAL PRICE WAR

Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.

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October, 14, 20:48:00

KUWAIT & SAUDI WON’T REDUCE: $76/BBL

Two of OPEC’s biggest members say they won’t immediately reduce oil production to offset tumbling prices, a signal the group is unlikely to heed Venezuelan calls for an emergency meeting.

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October, 12, 20:20:00

OPEC: OIL PRICE MOVEMENTS

The OPEC Reference Basket fell $4.77 to stand at $95.98/b in September, as sluggish demand and ample supply continue to weight on the oil market.

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October, 12, 20:15:00

OIL PRICE DROP HURTS OPEC

The continuing slump in global oil prices is punching holes in the budgets of oil-producing countries, including some OPEC members such as Iraq and Libya that are struggling with severe political and security problems.

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October, 11, 20:50:00

OIL: STABLE REDUCTION

Crude oil prices stabilised Friday after dropping significantly this week.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)
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