News tagged with “petroleum exporting”. Found:
15 tagged news reports.
Your Search Returned 15 tagged news reports
Oil prices up in Asian trade
Singapore :: Singapore | 23 days ago
Credibility
Oil prices today rose in Asian trade, boosted by positive showings on regional equities markets and a strengthening Chinese economy, analysts said. New York's main contract, light sweet crude for delivery in December, broke the $80 mark to $80.81 per...
Tags: oil price, U.S, oil demand, New York Mercantile Exchange, petroleum exporting, exporting countries, China
Opec predicts slow recovery for oil demand
London :: United Kingdom | 4 months ago
Credibility Global demand for Opec crude oil will take five years to recover to pre-financial crisis levels and investment spending on new production capacity will be sharply lower as a result, the cartel said on Wednesday. Opec said that average consumption of its...
Tags: oil demand, petroleum exporting, million barrels, oil price, OPEC Sec-Gen, million bpd, Opec, crude oil
OPEC decides to keep oil output unchanged
Vienna :: Austria | 8 months ago
Credibility Omar Ibrahim said the cartel would instead wait and see how previously announced production cuts play out with plans for a further review May 28. In September, the group agreed to cut production by 4.2 million barrels a day...Oil prices hovered around...
Tags: OPEC, oil price, exporting countries, Vienna, petroleum exporting
Russia unwilling to join Opec production cuts
Vienna :: Austria | 8 months ago
Credibility Igor Sechin, Russia’s deputy prime minister, called for tax, pricing and trading cooperation between Opec and non-Opec oil producers, long-term supply contracts, new price benchmarks, and an increase in oil inventories held in producing countries.
Tags: Russian, petroleum exporting, OPEC, oil price, million barrels, domestic consumption, Igor Sechin, oil exporting, Vienna, cut oil
Demand slump pushes oil down
Singapore :: Singapore | 9 months ago
Credibility Crude oil fell on speculation demand will decline faster than the Organization of Petroleum Exporting Countries is curbing supply. US Energy Department and the International Energy Agency cut their demand forecasts this month because of the recession.
Tags: New York Mercantile Exchange, oil prices, petroleum exporting, exporting countries, stock market
'OPEC willing to cut output'
Doha :: Qatar | 9 months ago
Credibility Mohammed Saleh al-Sada, Qatar's minister of state for energy and industry affairs, says the Organisation of Petroleum Exporting Countries "will respond appropriately" to the rapid drop in oil prices. Speaking to reporters today on the sidelines of a conference...
Tags: oil price, Kuwaiti, petroleum exporting, OPEC, exporting countries, Mohammed Saleh al-Sada, cut output
Oil rises as OPEC cuts production
Singapore :: Singapore | 10 months ago
Credibility But gains were tempered as the group fell short of its pledge and the economy continued to show weakness. U.S. crude for March delivery rose 62 cents to $40.70 a barrel in electronic trading. The Organization of Petroleum Exporting Countries pumped an...
Tags: oil price, New York Mercantile Exchange, petroleum exporting, delivery rose, exporting countries, OPEC
Russia takes on OPEC challenge
Algiers :: Algeria | 11 months ago
Credibility But for all its talk of the need to protect its national interest amid declining revenues, Russia is unlikely to contribute meaningful reductions beyond already expected declines in the country's production that are resulting from underinvestment. Led...
Tags: production, oil, cut, Russia, petroleum exporting, million barrels
Oil falls on low demand forecast
Singapore :: Singapore | 11 months ago
Credibility US crude was down 84 cents at $42.87 a barrel on Tuesday and London Brent crude dropped $1.09 to $42.33...President Chakib Khelil said on Saturday that oil markets should be prepared for a 'surprise' output cut at the summit. The US Energy Information...
Tags: oil, stock, million barrels, U.S, oil price, petroleum exporting, OPEC, exporting countries, crude oil
Oil price plunge alarms OPEC
London :: United Kingdom | 12 months ago
Credibility Any optimism that oil prices had stabilised at around the $US50 mark have evaporated in the past week as it becomes clear the US, Europe and Japan, which collectively consumed almost 50 per cent of the world's oil in 2007, are entering their first simultaneous...
Tags: oil, production, cut, energy, oil price, Chakib Khelil, exporting countries, crude oil, petroleum exporting, price rebound
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