Organisation of the Petroleum Exporting Countries - OPEC

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Related articles

Oil price rises to $62, close to 2015 high

Oil price rises to $62, close to 2015 high

Tuesday, 17 February 2015 2:17 PM

Recovery in crude prices is supported by threats to Middle East supplies

Saudi oil minister discusses OPEC with Russian, Algerian officials

Saudi oil minister discusses OPEC with Russian, Algerian officials

Thursday, 12 February 2015 11:36 AM

Under Saudi guidance, OPEC decided last November not to cut output

OPEC delegates cautious over oil price rebound

OPEC delegates cautious over oil price rebound

Monday, 2 February 2015 8:12 PM

Oil prices may stay depressed until summer due to weak seasonal demand

Oil prices plunge to near 6-year low as UAE defends output level

Oil prices plunge to near 6-year low as UAE defends output level

Tuesday, 13 January 2015 2:17 PM

Oil prices have fallen 60% from their June 2014 peaks; now trading at around $46 a barrel

'We need shale oil producers to stay,' says UAE oil minister

'We need shale oil producers to stay,' says UAE oil minister

Tuesday, 13 January 2015 12:24 PM

Suhail bin Mohammed Al Mazroui previously criticised shale oil producers for oversupply in the market

Oil falls below $50 for first time since May 2009

Oil falls below $50 for first time since May 2009

Wednesday, 7 January 2015 1:52 PM

Prices have lost around 57% since their peak above $115 last June; further declines expected by analysts

Oil prices sink to new 66-month low of below $52

Oil prices sink to new 66-month low of below $52

Tuesday, 6 January 2015 2:27 PM

Top OPEC producer Saudi Arabia heightens worries about oversupply as it shows no sign of cutting output

Oil price hits new five-and-a-half year low on supply glut

Oil price hits new five-and-a-half year low on supply glut

Monday, 5 January 2015 1:37 PM

Worries about a surplus of global supplies and lacklustre demand drags on oil markets

Saudi Arabia must act to address oil price slump, says Iran

Saudi Arabia must act to address oil price slump, says Iran

Friday, 2 January 2015 2:16 AM

Deputy foreign minister says falling world oil prices will hurt countries across the Middle East unless action is taken

OPEC oil output hits six-month low in December

OPEC oil output hits six-month low in December

Tuesday, 30 December 2014 7:56 PM

Supply averaged 29.98 million bpd, down from a revised 30.25 million bpd in November

Oil prices climb on Libya supply worries

Oil prices climb on Libya supply worries

Monday, 29 December 2014 12:05 PM

Brent climbs towards $60; US crude rises above $55

Gulf OPEC producers see oil back above $70 by end-2015

Gulf OPEC producers see oil back above $70 by end-2015

Tuesday, 23 December 2014 1:28 PM

OPEC delegates concede that the days of $100 oil will not return any time soon

Oil prices rise on hopes for firm US economic data

Oil prices rise on hopes for firm US economic data

Tuesday, 23 December 2014 10:08 AM

Overall outlook remains weak on OPEC reluctance to cut output

UAE urges all world's oil producers not to raise output in 2015

UAE urges all world's oil producers not to raise output in 2015

Sunday, 21 December 2014 2:07 PM

Oil minister calls on producers to take action in bid to balance market which has seen dramatic price decline

UAE oil minister slams

UAE oil minister slams "irresponsible" non-OPEC producers

Sunday, 21 December 2014 12:44 PM

Suhail Bin Mohammed Al Mazroui also said the recent decision of OPEC not to cut its production was correct.

Oil price drops to near $59 for first time since 2009

Oil price drops to near $59 for first time since 2009

Tuesday, 16 December 2014 2:59 PM

International benchmark Brent crude has almost halved since reaching a 2014 high of $115 a barrel in June

OPEC chief says oil slide 'beyond fundamentals'

OPEC chief says oil slide 'beyond fundamentals'

Sunday, 14 December 2014 3:37 PM

Abdullah al-Badri urges Gulf states to continue investing in exploration and production

Oil price falls to new 5-year low as OPEC sees lower demand

Oil price falls to new 5-year low as OPEC sees lower demand

Wednesday, 10 December 2014 7:09 PM

OPEC forecasts demand will drop to below 29 million barrels per day in 2015 as oil price hits $65

Market, not OPEC, will set fair oil price, says UAE official

Market, not OPEC, will set fair oil price, says UAE official

Tuesday, 9 December 2014 1:29 PM

Prices have fallen more than 40% since June and hit a five-year low of $65 on Tuesday

Saudi Arabia to keep January crude supply to Asia steady

Saudi Arabia to keep January crude supply to Asia steady

Tuesday, 9 December 2014 9:25 AM

The kingdom is maintaining pressure on non-OPEC producers to cut production


Related searches

No output quota changes at OPEC meet - Qatar oil min

Thursday, 19 November 2009 11:25 AM

Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.

“Oversupply” causes OPEC to cut production quotas

Monday, 1 January 2007 12:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

“Oversupply” causes OPEC to cut production quotas

Sunday, 17 December 2006 4:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

Oil prices stable after OPEC meeting

Sunday, 29 October 2006 4:00 AM

Oil prices have remained at around US$58 a barrel despite the Organisation of Petroleum Exporting Countries' (OPEC) announcement last week to cut its daily production by 5% - a total of 1.2 million barrels...

Opec may increase output further to ease oil prices

Tuesday, 30 August 2005 4:00 AM

The Organisation of Petroleum Exporting Countries (Opec) may increase output by 500,000 barrels per day to ease crude oil prices, which reached a record high of US $70.

Opec considers further output hike

Sunday, 27 March 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) is considering a second output hike, just a week after the cartel raised its production quota at a meeting in Isfahan, Iran.

Opec will not cut oil production as prices soar

Sunday, 6 March 2005 4:00 AM

THE ORGANISATION of Petroleum Exporting Countries (Opec), supplier of more than a third of the world’s oil, will not consider cutting production at a meeting in Iran in a fortnight with prices higher than...

Region’s Opec members agree to keep oil production on hold

Sunday, 6 February 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) has agreed to keep oil output limits on hold, content with crude prices touching US$50 a barrel. Crude prices are up about 40% on last year...

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