All publications by tag «OPEC»
2014, November, 1, 12:20:00SHALE 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, 14:10:00OIL 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, 14:00:00SINOPEC 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, 19:15:00OPEC: STOP PANIC
OPEC Head Tells Oil Market to Stop Panicking About Prices
2014, October, 30, 19:05:00OIL PRICES: UP & DOWN
Oil prices climb but stay below earlier 2014 levels
2014, October, 30, 19:00:00U.S. OIL PRICES
Crude Falls on Federal Reserve Stimulus Halt, U.S. Supply
2014, October, 29, 18:50:00MEXICO: 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.
2014, October, 27, 12:30:00OIL PRICES: FIFTH WEEK FALLING: $86/BBL
Global oil prices posted a fifth weekly loss as concerns about high supplies continued to weigh on prices.
2014, October, 25, 00:00:00SAUDI 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.
2014, October, 16, 21:30:00OIL 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.