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" OPEC"

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Business - Economy
12/24/2011 11:47:30 AM
As Libya raises oil production to two thirds of the level before its revolution against Gaddafi, the country's oil minister reveals he has OPEC's promise to accommodate the barrels

Business - Economy
12/14/2011 5:39:22 PM
Libya says its oil exports is forecast to reach 500,000 barrels a day in December, but this increase is not expected to hold sway over the outcome of the OPEC meeting on Wednesday

Business - Economy
12/14/2011 2:09:49 PM
A new agreement between OPEC producers is expected to put a cap for all 12 countries output but will keep overall level near 3-year high

Business - Economy
12/14/2011 1:29:34 PM

Business - Economy
12/13/2011 12:42:53 PM
Slowing demand for oil and increasing supplies will level out the energy market in coming years, claims West's energy watchdog

World - Region
12/11/2011 5:18:42 PM
Top Iranian oil official warns western nations, including the US, of imposing sanctions on the country's oil exports, saying it would damage the global crude market

Business - Economy
12/10/2011 1:51:02 PM
Organisation is on course to earn $894 billion from exports, bringing much-needed funds to Middle East regimes seeking to counter popular unrest via social spending

Business - Economy
12/7/2011 4:16:25 PM
Kingdom's production reached over 10 million in November due to rising consumer demand, says official

Business - Economy
12/7/2011 1:58:54 PM
War-wrecked nation is making a surprisingly quick recovery despite the destruction of a tenth of its production facilities, says chief of oil body

Business - Economy
12/5/2011 12:00:33 PM
Emirate's ruler says the region's major energy producers will make every effort to ensure energy supplies keep flowing in times of crisis

Business - Economy
12/5/2011 12:00:01 PM
Minister hails production upsurge, saying the Kingdom's goal is to ensure stability in the oil market and provide enough energy to respond to shortages or increases

Business - Economy
12/4/2011 11:57:07 AM
Market is already being affected by rising tensions over Iran's nuclear activities and economic troubles in the US and Europe

Business - Economy
11/30/2011 10:57:45 AM
OPEC's supply is expected to average 30.27 million barrels per day (bpd) this month, up from a revised 29.81 million bpd in October

Business - Economy
11/26/2011 2:38:56 PM
The EU will have to source its crude needs from other sources apart from Iran, but would Greece, Spain, Italy be able to afford to pay a premium?

Business - Economy
11/23/2011 2:25:14 PM
Saudi Arabia's state energy company said on Monday that its dominant role in world oil supply had been altered by large new reserves in North America, sapping the urgency to develop the kingdom's own reserves

Business - Economy
11/15/2011 6:50:27 PM
Head of national oil producer calls for countries to make room for Libya's returning oil output

Business - Economy
11/15/2011 5:25:20 PM
Gas Exporting Countries Forum calls for end to price discrepancies between gas and oil to enable investment in the fast growing sector

Business - Economy
11/11/2011 12:31:11 PM
Iran plans to ask OPEC countries that raised output during the Libyan stoppage to return to their pre-war levels of production

Business - Economy
11/9/2011 5:41:30 PM
Two organisations yet again find themselves at odds, as IEA insists the current oil prices caused by limited output are damaging the global economy

Business - Economy
11/8/2011 7:32:31 PM
As Libyan production splutters back, head of oil group sees no reason to up production

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