Organisation of the Petroleum Exporting Countries

 
Oil price surges on Egypt turmoil
Oil price surges on Egypt turmoil
Oil topped $100 per barrel on Monday for the first time since 2008, as traders fretted over violent unrest in Egypt that could disrupt the flow of...
Opec holds oil-demand forecast steady
Opec holds oil-demand forecast steady
The Organisation of the Petroleum Exporting Countries (Opec) says Europe's debt crisis and an oversupply of crude in the market are weighing...
Oil prices fall as Opec maintains output levels
Oil prices fall as Opec maintains output levels
Oil prices fell on Tuesday as the Organisation of the Petroleum Exporting Countries (Opec) decided at a meeting against changing the cartel's...
Oil chiefs gather in war-scarred Angola
Oil chiefs gather in war-scarred Angola
Organisation of the Petroleum Exporting Countries (Opec) members, gathered in poverty-stricken Angola on Monday, said they would hold output firm...
Opec oil price stable ahead of Angola meeting
Opec oil price stable ahead of Angola meeting
The oil price of the Organisation of the Petroleum Exporting Countries (Opec) stood nearly unchanged at $71,78 at the end of last week, the cartel...
Oil falls below $40 on grim economic outlook
Oil falls below $40 on grim economic outlook
Oil fell below $40 a barrel on Tuesday, pressured by gloom about prospects for world economic growth that outweighed heightened tensions in the...
Opec makes deep oil cut to rescue prices
Opec makes deep oil cut to rescue prices
Ministers for the Organisation of the Petroleum Exporting Countries (Opec) on Wednesday agreed to remove a record 2,2-million barrels per day (bpd)...
Oil below $64 as Opec meets
Oil below $64 as Opec meets
Oil fell below $64 a barrel on Friday, to new 16-month lows, as gloom about a global economic downturn took the steam out of an Organisation of the...
Oil price drops as demand worries trump Opec
Oil price drops as demand worries trump Opec
Oil fell below $70 a barrel on Wednesday, pressured by a gloomy outlook for the global economy that could limit the impact of any supply cuts the...
Oil drops to $82, lowest in a year
Oil drops to $82, lowest in a year
Oil fell more than $4 a barrel to a one-year low on Friday, depressed by expectations that global demand growth will shrink if the credit crisis...
Oil price drops amid financial turmoil
Oil price drops amid financial turmoil
Oil prices fell below $88 a barrel on Thursday in Asia on investor fears that crude demand will weaken as turmoil in the financial system pushes...
Opec production cut boosts oil prices
Opec production cut boosts oil prices
World oil prices rebounded on Wednesday above $100 a barrel after a surprise decision by the Organisation of the Petroleum Exporting Countries...

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