Topic profile page for OPEC.
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Started 15 hours, 50 minutes ago (2010-01-02 22:33:00)
by Black Blade
Moscow throws down the gauntlet to OPEC Sunday 3 January 2010 Syed Rashid Husain | Arab News As a New Year begins with renewed hopes, aspirations and indeed fears, competition seems focusing on Asia — China to be specific. Voices in the US, clamoring to diversify away from the energy rich Gulf as far as possible, for their energy needs, have been gaining strength in recent months...
Started 17 hours, 22 minutes ago (2010-01-02 21:00:33)
by brucegorman
Makes sense?> > > > > > > > > > > > > > > > > > > > > > > > > > > > Crigger: Is OPEC still effective at managing oil prices? In the 1970s, they were viewed as this mastermind of pricing; but these days, they seem pretty ineffectual. Roubini: OPEC can manage prices marginally. The only supplier that has excess capacity that can use it to stabilize oil prices is Saudi Arabia. But once oil is above ...
Started 18 hours, 8 minutes ago (2010-01-02 20:15:00)
by johngaltfla
Moscow throws down the gauntlet to OPEC Sunday 3 January 2010 Syed Rashid Husain | Arab News As a New Year begins with renewed hopes, aspirations and indeed fears, competition seems focusing on Asia China to be specific. Voices in the US, clamoring to diversify away from the energy rich Gulf as far as possible, for their energy needs, have been gaining strength in recent ...
Started 2 days, 10 hours ago (2010-01-01 03:59:23)
by RubyMartin
Opec oil output hits a 2009 high in Dec Compliance with supply curbs slips to 58%; Total Opec oil output highest since December 2008; Nigeria, Saudi, Angola, UAE seen pumping more Reuters/London Opec oil supply rose in December to a 2009 high led by Nigeria and smaller rises elsewhere in the group, further eroding compliance with agreed output targets, a Reuters survey showed yesterday. Supply ...
Started 1 week ago (2009-12-27 01:18:00)
by CONTRANEOJEWS
Remember When... OIL WAS 18.00 Dollars a BARREL IN 1999?? we were concerned about oil reaching $100 a barrel? Take this KAL cartoon from The Economist, for example: Those were the good old days, right? Now we are over $140 a barrel with further increases projected. The OPEC president says oil will reach $150 a barrel while Gazprom's CEO says oil could reach $...
Started 1 day, 3 hours ago (2010-01-02 10:35:00)
by thestevo
Oil prices 2010 Some suggest the oil price will be limited as OPEC has been so quick to move its production to keep oil within its the $70-$80 range that many in OPEC say they prefer. The group recently agreed to keep supply curbs unchanged and OPEC's biggest producer, Saudi Arabia, has made clear members will keep a close eye on oil prices for fear of feeling the world's wrath if prices...
Started 16 hours, 27 minutes ago (2010-01-02 21:56:00)
by Soffitrat
Quote: Originally Posted by johngaltfla You left out a belligerent Indonesia, Venezuela and probably Nigeria before all is said and done. We aren't exactly popular despite electing the second coming as "President" (insert your own visual for vomiting here). Thanks. I feel much better now. I needed that ...
Started 5 days, 2 hours ago (2009-12-29 11:45:00)
by EXPERT_28
OPEC to keep oil supplies unchangedReuters Friday February 1 2008 By Summer Said and Simon Webb VIENNA, Feb 1 (Reuters) - OPEC oil producers on Friday prepared to keep oil supplies unchanged despite worries among some leading Gulf producers that $90-a-barrel crude is too high for consumer countries concerned about recession. Several ministers from the Organization of the Petroleum ...
Started 4 days, 3 hours ago (2009-12-30 11:09:00)
by Mohamedthopil
OPEC Pres Says That Speculation & Weak USD Behind Oil Rise- AFP Sydney, June 01: On Saturday OPEC President Chakib Khelil again blamed speculators for the steep rise in oil prices Saturday, insisting that supply was not a problem. He also said the price of oil was closely linked to the exchange rate of the US dollar, which has fallen steeply against other major currencies يَقُولُ...