| What is RSS feed? | About Us |
 |
 Search Score: 5/10
Source: money.cnn.com --- 9 days ago
The leaders of OPEC have a long list of culprits for high oil prices: the falling dollar, U.S.-Iranian tensions, and shady speculators. ... Source: money.cnn.com --- 9 days ago
The leaders of OPEC have a long list of culprits for high oil prices: the falling dollar, U.S.-Iranian tensions, and shady speculators. ... Source: www.forbes.com --- 24 days ago
A prediction of $150-$170 oil and threats from Libya spark a jump in crude prices. ... Source: www.salon.com --- 9 days ago
The price of crude oil "plunged" Tuesday morning, dropping more than $6 a barrel. Although there's a certain amount of cognitive dissonance associated with the idea that $139-a-barrel-oil constitutes a "low" price, the ostensible reason for the sharp drop bears examining. Here's how the Wall Street Journal framed it: OPEC gave a downbeat outlook for world oil demand in coming months amid faltering world economic growth and increased fuel conservation, signaling the group may not see a need to pump any more oil through the end of the year. The words "downbeat outlook" would seem to suggest that world oil demand is declining, but what's actually happening, at least according to OPEC's Monthly Oil Market Report for July, is that the rate of oil demand growth is slowing. Big difference. According to OPEC, average oil demand growth over the past 20 years added up to 1.2 million barrels per day (mb/d). But in 2008, demand growth grew by 1 mb/d. And in 2009, projects OPEC, demand growth will slow to 0.9 mb/d. But OPEC also predicts that non-OPEC oil supply will grow by 0.9 mb/d in 2009, and if you throw in biofuels, non-conventional oils (such as Alberta's oil patch) and OPEC's production of "natural gas liquids," you end up with another .66 mb/d. Which means, says OPEC, that for the first time since 2002, demand for OPEC's oil will decline by 700,000 barrels a day. Since OPEC also predicts that by the end of 2009, OPEC production will g ... Source: www.baltimoresun.com --- 13 days ago
World energy needs will spike by more than 50 percent by 2030 but adequate oil reserves, conservation and new methods of recovery mean supply will keep pace with demand, the Organization of Petroleum Exporting Countries said yesterday. OPEC's secretary general acknowledged that dangers exist. Addressing one - the threat of a U.S. or Israeli attack on Iran - he said OPEC would be unable to make up for resulting oil shortfalls. ... Source: www.channelnewsasia.com --- 3 days ago
TEHRAN: Iran, the number two oil producer in OPEC, reaffirmed on Tuesday that it was against any hike in the cartel's output quota despite continued high crude prices. ... Source: www.freerepublic.com --- 4 days ago
The Disinformation Age: OPEC lies, the SUV dies By Clifford D. May The Disinformation Age: OPEC lies, the SUV dies The folks over at OPEC, the Organization of Petroleum Exporting Countries, must think were pretty stupid. The other day, Chakib Khelil, the current OPEC president, asserted that "the intrusion of bioethanol on the market" is responsible for 40% of recent increases in the price of oil. Now how exactly would that work? How does growing sugarcane in Brazil or corn in Iowa push up the price of oil sucked from holes in the ground in Saudi Arabia, Iran and Venezuela?... ... Source: www.channelnewsasia.com --- 24 days ago
MADRID: The president of OPEC, Chakib Khelil, said on Tuesday that the oil cartel had concerns that future demand for oil might not be strong enough to justify investment to boost oil production. ... Source: www.moreover.com --- 9 days ago
: OPEC on Tuesday cut its forecast for global oil demand growth in 2008 for a fourth time this year and said consumption would slow in 2009, signalling a more comfortable supply and demand balance. ... Source: business-times.asiaone.com --- 24 days ago
(MADRID) With prices skyrocketing and supply fears growing, energy ministers from the world's major producing nations and multinational oil company heads face unprecedented challenges at this year's World Petroleum Congress. ... Source: www.moreover.com --- 24 days ago
Reuters South Africa Jul 1 2008 8:15AM GMT ... Source: www.moreover.com --- 24 days ago
NetIndia123.com Jul 1 2008 8:13AM GMT ... Source: www.moreover.com --- 8 days ago
Gulf Times Jul 18 2008 12:28AM GMT ... Source: www.moreover.com --- 24 days ago
CNBC Jul 1 2008 8:13AM GMT ... Source: www.moreover.com --- 24 days ago
News Behind News Jul 1 2008 8:15AM GMT ... Source: www.newsisfree.com --- 10 days ago
[in Platts ] ... Source: tvnz.co.nz --- 8 days ago
Russia's top business group said the country should host the headquarters of an OPEC-like gas group to help achieve the Kremlin's desire to make Moscow a financial centre ... Source: www.mg.co.za --- 24 days ago
OPEC has concerns that future demand for oil might not be strong enough to justify investment to boost oil production. ... Source: www.zawya.com --- 24 days ago
The president of OPEC, Chakib Khelil, said that the oil cartel had concerns that future demand for oil might not be strong enough to justify investment to boost oil production. ... Source: www.zawya.com --- 3 days ago
The Organization of Petroleum Exporting Countries will hold an extraordinary meeting in Algeria on December 17, cartel officials said on Tuesday . ... Find more results for OPEC on RSSMicro.com |
Copyright © 2008 RSSMicro.com
