All publications by tag «OPEC»
2014, November, 29, 20:40:00
FAILING OIL PRICES
Shares in the world’s biggest energy groups have tumbled in a market rout as plunging oil prices put at risk billions of dollars of investment and jeopardised future supplies of crude.
2014, November, 29, 20:30:00
PUTIN'S RUSSIAN RULETTE
Even as Western sanctions over Ukraine bite, crashing oil prices are hitting Russia's economy and government finances.
2014, November, 29, 20:25:00
OIL PRICES: FURTHER DECLINES
Brent and West Texas Intermediate crudes fell to the lowest level in more than four years after OPEC failed to cut its output in response to a glut.
2014, November, 29, 20:20:00
IEA: OIL INVESTMENT
The International Energy Agency’s chief economist on Friday urged oil producers to boost investment in new projects to meet an anticipated rise in demand, a move that he said may avoid oil price spikes in coming years.
2014, November, 22, 17:40:00
TAKE MEASURES: OIL UP
Crude Rises as China Rate Cut Spurs Optimism About Demand
2014, November, 22, 17:30:00
IRAN WILL PROTECT
Iran will protect its share of global crude sales under all circumstances, Oil Minister Bijan Namdar Zanganeh said, as OPEC members prepare to meet next week to review production levels.
2014, November, 20, 21:40:00
RUSSIAN OIL & PRICE WAR
Russia can do little to shore up slumping global prices even if OPEC wants it to. Russian wells will freeze if they stop pumping oil, and the country cannot store the output it would otherwise export.
2014, November, 16, 12:35:00
OIL PRICES 2015: UNANTICIPATED
North Sea Brent crude oil spot prices averaged $87/bbl in October, a decrease of $10/bbl from September and the first month Brent crude oil prices have averaged below $90/bbl since November 2010.
2014, November, 16, 12:30:00
GLOBAL OIL DEMAND 2015: 93.6 MB/D
Global oil supply inched up by 35 000 barrels per day (35 kb/d) in October to 94.2 million barrels per day (mb/d)