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News Topics: OPEC

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Results18 articles shown

Oil Falls $3 to 4-Year Low after OPEC Leaves Output Unchanged
Thursday, November 27, 2014 OPEC decides not to cut production at its Vienna meeting.

Kemp: OPEC's Other Problem: Weak Demand
Wednesday, November 26, 2014 Slowing demand growth as much as rising supplies contributed to the price crisis in 1986, just as it is now causing a similar problem for OPEC in 2014.

Russia Sees Average Oil Price at $80-90 in Medium, Long-Term
Wednesday, November 26, 2014 Russia's finance minister says the country sees the oil price averaging between $80 and $90 per barrel in the medium term.

Saudi, Russia Pre-OPEC Talks Yield No Oil Output Cut
Tuesday, November 25, 2014 Impromptu talks between Saudi Arabia, fellow OPEC member Venezuela and oil powers Russia and Mexico yield no agreement on how to address a growing oil glut.

Russian Oil Tsar to Meet OPEC as Saudis Keep Market Guessing
Tuesday, November 25, 2014 Rosneft head Igor Sechin is to meet OPEC members in Vienna as Saudis keep the market guessing about its response to flagging oil prices.



Russia May Suggest Oil Output Cuts, Eyes State Oil Reserve Creation
Monday, November 24, 2014 Russia, in desperate need of higher oil prices, is making a last-ditch attempt to sway this week's OPEC meeting by suggesting Moscow could cut output if the group does the same.

OPEC Panel Reviews Oil Outlook in a Start to Talks on Oversupply
Friday, November 21, 2014 A panel of national representatives review OPEC's oil market outlook for 2015, preparing the ground for a policy-setting meeting next week that will decide how to address a looming oversupply of crude.

Minister: Venezuela Willing To Cut Oil Output Along With OPEC
Thursday, November 20, 2014 Venezuela would be willing to cut its own oil production if OPEC decides to limit output when it meets on Nov. 27, Foreign Minister Rafael Ramirez says.

Oil Steadies above $79 as OPEC Output Cut Talk Heats Up
Tuesday, November 18, 2014 Brent crude oil steadies above $79 per barrel after hitting a four-year low last week, as speculation grows that OPEC could cut output at its November 27 meeting in Vienna.

Putin's Oil Tsar Heading to Vienna as OPEC Meets
Monday, November 17, 2014 Top Russian oil producer Rosneft's Chief Executive Igor Sechin will fly to Vienna on Nov. 25, just two days before the Organization of the Petroleum Exporting Countries meets in the city to debate the plunge in oil prices.

Kemp: OPEC's Options (None of Them Good)
Monday, November 17, 2014 As ministers from the 12 members of the Organization of the Petroleum Exporting Countries (OPEC) prepare to fly to Vienna for their 166th meeting, the quiet consultations and soundings have already begun.

OPEC Sees Lower 2015 Demand For Its Oil, Saudi Output Still High
Wednesday, November 12, 2014 Global demand for oil from OPEC next year will be far below its current output level because of the US shale boom, the group says, as its top producer Saudi Arabia keeps silent.

OPEC Delegates Start Whispering About Potential Oil Cut
Tuesday, November 11, 2014 A subtle shift may be taking place within OPEC as it heads into its most important meeting in years, according to delegates.

Don't Rule Out OPEC Cut, Say Top Oil Traders
Tuesday, November 04, 2014 Forget conspiracy theories and be prepared for OPEC to cut output in November because this is what they need to do and have done in the past, veteran oil traders say.

IEA Sees 2015 Oil Demand Growth Much Lower, Supply Hitting Prices
Tuesday, October 14, 2014 Demand for oil in 2015 will grow far slower than previously forecast as global economies remain weak, the IEA says.

In Oil Price War, Saudi's Biggest Rival Is Next Door
Friday, October 10, 2014 Kuwait is challenging Saudi Arabia in an increasingly competitive battle for market share as it sells oil to buyers in Asia at its widest discount for 10 years.

EIA Sees Lower OPEC Output, Weaker Demand Growth In 2015
Tuesday, October 07, 2014 The EIA trims its forecast of world oil demand growth for next year and makes even deeper cuts in its outlook for OPEC production.

Oil Traders Say OPEC May Be Heading For Price War
Thursday, October 02, 2014 Saudi Arabia's decision to slash the official selling price for its oil has sparked trader talk of an emerging OPEC price cutting war.