All publications by tag «OPEC»
2014, November, 4, 20:05:00
SAUDI OIL PRICES DOWN
Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the lowest in more two years.
2014, November, 4, 19:50:00
OIL PRICES DROPPED
West Texas Intermediate dropped to the lowest intraday level in three years as Saudi Arabia cut prices for crude exports to U.S. customers amid speculation that stockpiles increased. Brent extended losses in London.
2014, November, 4, 19:45:00
OIL PRICES FALLING
Oil prices are in free fall this morning after it emerged that Saudi Arabia, the world's largest exporter, had slashed its contract price for its US customers in a further sign of an escalating war for control of global energy markets.
2014, November, 3, 21:35:00
SAUDI: OIL PRICES MUST FALL
The standoff between Russia and the West over Ukraine has increased Europe's quest for alternative suppliers of oil and gas and Canada's exports to Europe have already started to pick up in the last few months.
2014, November, 1, 12:45:00
OPEC: OIL PRICE WAR
Members of OPEC, the group that supplies 40 percent of the world’s oil, are engaged in an internal price war as they seek to preserve their share of an oversupplied market
2014, November, 1, 12:20:00
SHALE OIL MOVEMENT
The U.S. shale revolution has driven oil output to the highest in more than three decades, reducing America’s need for overseas purchases and sinking global prices into a bear market.
2014, October, 31, 14:10:00
OIL PRICES COULD RISE
A strong Dubai price in a weak oil market has created a dilemma for top oil exporter Saudi Arabia as it works out official monthly selling prices for December.
2014, October, 31, 14:00:00
SINOPEC USE $17.5 BLN
Asia's largest oil refiner Sinopec Corp, which on Thursday posted a 12 percent fall in quarterly earnings, aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.
2014, October, 30, 19:15:00
OPEC: STOP PANIC
OPEC Head Tells Oil Market to Stop Panicking About Prices