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Opec chief says don't panic on oil price drop - Peninsula On-line

RIA NovostiOpec chief says don't panic on oil price dropPeninsula On-lineOil's drop below the $100-mark, the level many Opec members had endorsed, has raised the question of whether Opec will cut supply when it meets in November. Badri said Opec's output was unlikely to change much next year, adding to signs a decision to ...It Looks Like $80 Oil Is Here to StayBusinessweekOil politics: The secret US-Saudi dealDaily MirrorSaudi Arabia Rules in Global Oil RoutBloomberg Businessweek Middle East - Business news and analysisHellenic Shipping News Worldwide -RIA Novostiall 388 news articles »

'Opec needs 500000 bpd cut' - Peninsula On-line

'Opec needs 500000 bpd cut'Peninsula On-line“I would like Opec to cut production of at least half a million (bpd) as all studies indicate the need for that even before the fall in prices,” Samir Kamal, Libya's Opec governor and head of planning at the Libyan oil ministry, said. “The oversupply ...and more »

Opec unlikely to cut output: Kuwait minister - Peninsula On-line

Wall Street DailyOpec unlikely to cut output: Kuwait ministerPeninsula On-lineQatar · Middle East · International · India · Pakistan/Afghanistan · Philippines · Asia · BUSINESS · Qatar · GCC · Middle East · International · Stock Market · LIFESTYLE · Techfile · Motoring · Foodcourt · Feature, Movies & Books · Culture · Health ...Will Oil Prices Drag Down the Economy?Wall Street DailyThe Breakeven Oil Price Matters, But Doesn't Determine A Floor PriceForbesOil market shows Saudis still pick winners in shakeoutEnergy VoiceBusiness Standard -MarketWatchall 2,097 news articles »

Saudi tells Opec it raised output in September - Peninsula On-line

LivemintSaudi tells Opec it raised output in SeptemberPeninsula On-lineOpec meets on November 27 in Vienna for what will be one of its most important meetings in years. The group has not cut output collectively since the 2008 financial crisis and so far comments from officials suggest it is no closer to any collective ...Is OPEC heading for a sinkhole?Reuters UK (blog)Doug Kass: A Dissolution of OPEC Could Be a Golden SwanTheStreet.comSaudi Arabia Cuts Oil Prices, Could Spark Price WarThe New AmericanBloomberg -Business Standardall 1,158 news articles »

Weekly Commodity Update : Gold shines again as Opec faces oil glut - Peninsula On-line

Weekly Commodity Update : Gold shines again as Opec faces oil glutPeninsula On-lineGlobal growth fears remain one of the key drivers of financial markets at the moment, and this was also highlighted at the latest Federal Reserve meeting in which the Federal Open Market Committee raised concerns about weak economic growth in the ...and more »

Oil and Gasoline Fast Facts - 12NewsNow.Com

LivemintOil and Gasoline Fast Facts12NewsNow.ComThe 12 countries/members of OPEC: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. The following countries have the world's largest reserves of crude oil, according to the U.S ...TABLE-OPEC oil output slips by 120000 bpd in OctoberDaily MailThe imponderables from the oil price slidegulfnews.comall 261 news articles »

No Surprise: OPEC Country ETFs Crushed by Oil's Slide - ETF Trends

No Surprise: OPEC Country ETFs Crushed by Oil's SlideETF TrendsThree OPEC member nations – Nigeria, Qatar and the United Arab Emirates – are represented in the world of exchange traded funds by three U.S.-listed, single-country funds. Not surprisingly, these ETFs have been punished as oil prices have plunged in ...and more »

The Caliph fit to join OPEC - Asia Times Online

The Caliph fit to join OPECAsia Times OnlineIslamic State leader Caliph Ibrahim - aka Abu Bakr al-Baghdadi - never ceases to amaze us - and most of all his powerful petrodollar-stuffed backers. The Caliph is for all practical purposes now an oil major worth of membership of the Organization of ...and more »

Four decades later, has America finally got over the oil crisis? - The Conversation AU

The Conversation AUFour decades later, has America finally got over the oil crisis?The Conversation AUThe Organisation of the Petroleum Exporting Countries (OPEC) – which included Iraq, Iran, Kuwait, Libya, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela, Nigeria, Ecuador, and (before it became a net importer) Indonesia – was formed as a ...and more »

OPEC basket price up by 7 cents to USD 82.44 pb - Kuwait News Agency

OPEC basket price up by 7 cents to USD 82.44 pbKuwait News AgencyThe new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light ...