OPEC News on Daylife

When Oil Exports Run Dry

Mon, 30 Nov 2009 21:24:01 GMT

David Gardner called it. He’s up 1,334%! See what David’s recommending that you buy NEXT. Want a glimpse at oil's future? Consider the curious case of Indonesia. The world's fourth most populous country used to be a significant oil player.
Source: Motley Fool

Market Study: Brazil to account for 31.8% of regional oil demand by 2013

Mon, 30 Nov 2009 19:51:58 GMT

2009-11-30 21:21:51 - Fast Market Research recommends "Brazil Oil & Gas Report Q4 2009" from Business Monitor International, now available to around 8.58mn b/d by 2013.
Source: PR-Inside.com

OPEC crude oil price hovers under 80 dollars

Mon, 30 Nov 2009 15:23:48 GMT

VIENNA, Nov. 30 (Xinhua) -- The weekly average crude oil price of OPEC dropped again last week, falling by 0.8 U.S. dollars per barrel to 75.98 dollars, the Vienna-based organization said Monday.
Source: Xinhua

OPEC unlikely to cut output: Iran national oil co

Mon, 30 Nov 2009 12:02:57 GMT

New Delhi: The Organisation of the Petroleum Exporting Countries (OPEC) is unlikely to cut output at its meeting on December 22, Seifollah Jashnsaz, managing director of the National Iranian Oil Co. told reporters on Monday.
Source: DNA India

IEA: Developed World Oil Consumption Has Peaked, And Is In Permanent Decline

Mon, 30 Nov 2009 11:12:55 GMT

In World Energy Outlook 2009, the International Energy Agency seems to have dropped a bombshell that has been quietly (and politely) ignored.
Source: The Business Insider

International Energy Agency calls 'Peak' on OECD Oil Demand

Mon, 30 Nov 2009 04:34:29 GMT

In recent editions of their World Energy Outlook, the IEA has been reducing their forecast for 2030 total oil supply. But forecasting a decline in OECD consumption is a radical shift.
Source: The Oil Drum

Iran sees no need to change oil output ahead of OPEC meeting

Mon, 30 Nov 2009 03:04:05 GMT

Iran's envoy to the Organization of Petroleum Exporting Countries (OPEC) reiterated that there is no need for the group to change its oil output, the English language satellite Press TV reported Sunday.
Source: People's Daily Online

Russia vows quick completion of Iran atom plant

Sun, 29 Nov 2009 22:04:21 GMT

TEHRAN (Reuters) - Russia's energy minister pledged Sunday a quick completion of Iran's first nuclear power station, two weeks after announcing the latest delay, but refrained from giving a specific time for its launch.
Source: Reuters

Quoted in 'You wouldn't want Reps making up their own remarks, would you?'

Mon, 16 Nov 2009 19:26:27 GMT

said in Majikthise:

Mr Speaker, if the United States is to become truly energy independent, it must seek non-OPEC alternatives for our supply of oil ... Kazakhstan can — and is willing to — help greatly in this endeavor.

Photo from Getty Images by AFP/Getty Images

Thu, 10 Sep 2009 03:10:31 GMT

Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.

Photo from Getty Images by AFP/Getty Images

Thu, 10 Sep 2009 03:04:18 GMT

Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.

OPEC to Cut Oil Production

Wed, 10 Sep 2008 12:07:41 GMT