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All publications by tag «OPEC»

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2015, August, 26, 18:20:00

SINOPEC DOWN 22%

China Petroleum & Chemical Corp., Asia’s biggest oil refiner, posted a 22 percent decline in profit for the first half of the year as the slump in prices outweighed the benefit of cheaper crude to its refining business.

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2015, August, 25, 18:15:00

IRAN COULD INCREASE

Iran will ramp up crude oil production and reclaim its lost share of exports shortly after international sanctions on the OPEC member are lifted, Iran's oil minister Bijan Zanganeh said on Tuesday.

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2015, August, 16, 21:00:00

OPEC OIL UP 120,000

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.4 million barrels per day (b/d) in July, up 120,000 b/d from the June level of 31.28 million b/d

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2015, August, 3, 17:55:00

SAUDI'S PRICE WILL RISE

Saudi Arabia is expected to raise prices for crude it sells to Asia in September due to a stronger Dubai benchmark, traders and analysts said on Monday, adding that the top oil exporter will be wary of a hike so big it would threaten its market share.

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2015, July, 30, 19:24:00

OPEC & RUSSIA BALANCE

OPEC and Russia say they expect the global oil market to become more balanced and stable next year after the recent sharp drops.

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2015, July, 13, 19:25:00

OPEC OIL UP 170 000

OPEC pumped 31.28 million barrels per day in June, the fourth straight month since February that the group has added production.

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2015, July, 13, 19:20:00

OPEC: LOWER DEMAND

The Organization of the Petroleum Exporting Countries said Monday it revised down the demand for its crude this year, to a level far below its current output, despite higher estimates for global consumption.

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2015, July, 8, 19:25:00

US DEFICIT UP $41.9 BLN

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $41.9 billion in May, up $1.2 billion from $40.7 billion in April, revised.

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2015, July, 1, 19:25:00

OPEC SHARE DOWN

Booming U.S. shale production helped cut OPEC’s global crude market share to a 12 year low last year.

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2015, June, 4, 18:40:00

OPEC SAW $70 - 80

Nearly a year after oil markets entered a deep downward spiral, unmoored from the $100-a-barrel mark that had anchored them for years, some OPEC members are publicly talking for the first time about a new "fair" price for their crude.

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