Click here to post a new related report
OPEC unhappy with current oil prices
-
- Share:
-
-
-
-
-
-
Reach -
Credibility
-
Related Allvoices Contributions
-
Oil falls below $79; U.S. inventory in focus
By: dustgeer
Oil dipped below $79 a barrel on Thursday as an expected hike in U.S. crude stocks outweighed both a weak dollar near 15-month lows and an IEA report that said global oil demand will return to growth this quarter.Delayed weekly inventories data out of the world’s largest fuel consumer the United States are set to show a 700,000 barrel rise ...
16 days ago
-
RIL becomes 1st private firm to buy Cairn crude
By: ranjitsinha
Mukesh Ambani's Reliance Industries Ltd is going to be the first private refiner in the country to process domestic crude, with the company entering into an initial agreement to buy oil from Cairn's fields at Barmer in Rajasthan. The deal comes within a week of the UK explorer's Indian arm getting government nod to sell crude to private ...
24 days ago
-
Oil prices stable in Asian trade
By: GMBAIG
Oil prices were flat in Asian trade Friday with investors spooked by an unexpected rise in US crude inventories, analysts said. New York's main contract, light sweet crude for delivery in December, fell three cents to 76.91 dollars per barrel. Brent North Sea crude for December delivery was unchanged at 76.02 dollars. Data released late ...
16 days ago
-
Saudis want money for not selling oil
By: CaliforniaMike
I think I've finally found an issue on which liberals and conservatives can agree. I'll bet the lefties and the righties will be together on this one. The New York Times reported yesterday that Saudi Arabia is asking other oil-producing countries to join with it in demanding financial compensation if wealthy countries reduce their oil consumption ...
about 1 month ago
- News Source: The Financial Express | 2 months agoRemember July 2008, when crude oil reached an all-time high of $147.27 a barrel, lending credence to the principle of "peak oil", the decade-old doctrine that holds that global crude production will crest sooner than expected and then begin a...
- News Source: Androscoggin News | 2 months agoOpec, the oil producers cartel, looks set to approve a plan to cut oil output by 1 million barrels a day today. Opec, the oil producers cartel, looks set to approve a plan to cut oil output by 1 million barrels a day today. According to the Kuwaiti...
- News Source: Press TV | 2 months agoMohammad Ali Khatibi told AFP on Sunday. "I think it is unlikely we will see any noticeable change...Vienna on Wednesday to decide on its output, which has stood at 24.84 barrels per day (bpd) since January. The 12-member group, which pumps 40...
- News Source: GMA News | 2 months agoPrices have been hovering near $70 a barrel, and with returning growth expected to support demand, analysts don't expect the Organization of Petroleum Exporting Countries will feel any need to cut output targets. "Absolutely nothing," said John Hall,...
- News Source: Times of Oman | 2 months agoA vicious global economic downturn has slammed demand for energy, dragging crude prices from record highs of above 147 dollars in July 2008 to 32 dollars in December...Prices have picked up with tentative signs of a recovery in the world economy...
Site Links
Site Topics
Contributions
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
