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Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009. View Photo »
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Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009. View Photo »
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OPEC president Eng Jose Maria Botelho de Vasconcelos of Angola opens the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009. View Photo »
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OPEC president Eng JoseMaria Botelho de Vasconcelos of Angola (L) and OPEC Secretary General Abdalla Salem El-Badri (R) of Libya open the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009. View Photo »
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OPEC Secretary General Abdullah al-Badri smiles during a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos prepares for a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos listens during a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 20... View Photo »
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Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos (L) and OPEC Secretary General Abdullah al-Badri address a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPE... View Photo »
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OPEC president Jose Maria Botelho de Vasconcelos of Angola opens the 154th regular OPEC meeting in Vienna on September 9,2009. View Photo »
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OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos leaves a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009. View Photo »
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Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos (C) and OPEC Secretary General Abdullah al-Badri (R) prepare for a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meetin... View Photo »
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OPEC Secretary General Abdalla Salem El-Badri, from Libya, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept. 10, 2009. View Photo »
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Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in V... View Photo »
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OPEC Secretary General Abdalla Salem El-Badri, from Libya, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept. 10, 2009. View Photo »
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Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, leaves after a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters i... View Photo »
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Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, sits down for a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters... View Photo »
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Getty Images
Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.
View Photo » -
Getty Images
Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.
View Photo » -
Getty Images
OPEC president Eng Jose Maria Botelho de Vasconcelos of Angola opens the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.
View Photo » -
Getty Images
OPEC president Eng JoseMaria Botelho de Vasconcelos of Angola (L) and OPEC Secretary General Abdalla Salem El-Badri (R) of Libya open the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.
View Photo » -
Reuters Pictures
OPEC Secretary General Abdullah al-Badri smiles during a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos prepares for a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos listens during a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos (L) and OPEC Secretary General Abdullah al-Badri address a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna Septembe...
View Photo » -
Getty Images
OPEC president Jose Maria Botelho de Vasconcelos of Angola opens the 154th regular OPEC meeting in Vienna on September 9,2009.
View Photo » -
Reuters Pictures
OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
OPEC Secretary General Abdullah al-Badri addresses a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos leaves a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna September 10, 2009.
View Photo » -
Reuters Pictures
Angola's Oil Minister and OPEC President Jose Maria Botelho de Vasconcelos (C) and OPEC Secretary General Abdullah al-Badri (R) prepare for a news conference in the Organization of the Petroleum Exporting Countries (OPEC) headquarters following a meeting of OPEC oil ministers in Vienna...
View Photo » -
AP Photo
OPEC Secretary General Abdalla Salem El-Badri, from Libya, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept. 10, 2009.
View Photo » -
AP Photo
Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept. 10...
View Photo » -
AP Photo
OPEC Secretary General Abdalla Salem El-Badri, from Libya, speaks at a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept. 10, 2009.
View Photo » -
AP Photo
Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, leaves after a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept....
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AP Photo
Jose Maria Botelho de Vasconcelos, president of the OPEC conference and minister of petroleum from Angola, sits down for a news conference following the 154th meeting of the Organization of the Petroleum Exporting Countries (OPEC) at their headquarters in Vienna, Austria, Thursday, Sept...
View Photo » -
Reuters Pictures
OPEC President Jose Botelho de Vasconcelos talks to journalists at the beginning of a meeting of OPEC oil ministers in Vienna September 9, 2009. The worst of the global economic crisis is over but significant uncertainty over oil prices remained, De Vasconcelos said on Wednesday.
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Reuters Pictures
OPEC President Jose Botelho de Vasconcelos talks to journalists at the beginning of a meeting of OPEC oil ministers in Vienna September 9, 2009. The worst of the global economic crisis is over but significant uncertainty over oil prices remained, De Vasconcelos said on Wednesday.
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Getty Images
Iran's oil minister Masoud Mirkazemi arrives to OPEC headquarters for an early meeting on the eve of the 154th regular OPEC meeting in Vienna on September 8, 2009.
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Getty Images
Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah arrives to OPEC headquarters for an early meeting on the eve of the 154th regular OPEC meeting in Vienna on September 8,2009.
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AP Photo
President of the OPEC conference and Minister of Petroleum Jose Maria Botelho de Vasconcelos from Angola gestures as he speaks to journalists prior to the start of the 154th meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria,...
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Getty Images
Journalists interview OPEC ministers during the 154th regular meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna on September 9, 2009.
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when OPEC (Organization of Petroleum Exporting Countries) cut the spigot off because United States policy upset them. There was talk then that we would get America to clean and renewable energy, from the Nixon administration up through [President Jimmy] Carter. I thought at that time something was going...
SOURCE: Terre Haute News -
Any military action in the Strait of Hormuz in the Gulf would knock out oil exports from OPEC's biggest producers, cut off the oil supply to Japan and South Korea, and knock the booming economies of Gulf states.
SOURCE: Payvand News of Iran -
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.
SOURCE: Majikthise -
OPEC members, especially in the Middle East Gulf, are worried that higher oil prices could threaten the global economic recovery.
SOURCE: France 24 -
OPEC members, especially in the Middle East Gulf, are worried that higher oil prices could threaten the global economic recovery and further strain relationships with consuming nations ahead of climate change talks in Copenhagen (in December).
SOURCE: Channel News Asia -
For the next meeting in Angola, I think OPEC will be very careful to discuss the market situation ... I don't think there will be a dramatic change in the next meeting.
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China has mostly absorbed the increase in production from OPEC
SOURCE: AXcess News -
With the current policies in place, OPEC revenue will be about 28 trillion dollars (18.7 trillion euros) between 2008 and 2030 if there is no climate change deal
SOURCE: EcoEarth News -
Saudi Arabia runs the cartel (OPEC) so when they want to keep prices up, they price it so that no one wants it
SOURCE: Huffington Post -
We do think there will be more OPEC oil in the market as OPEC tries to keep oil below $80 a barrel
– Phil Flynn SOURCE: Bloomberg.com -
We believe next year we will do even more. The Arab OPEC fund has approved US$10m; the World Bank has released $20m while the Dutch have released $10m
SOURCE: AllAfrica.com -
Energy demand is still soft, OPEC quotas are being exceeded with impunity evidenced by the fact that crude oil inventories are still relatively high, while geopolitical variables, like Iran and Nigeria, seem to be fading as perennial bullish wild cards
SOURCE: Wall Street Journal -
At this time it (the oil market) is more dependent on the direction of the dollar than it is on whatever the DOE, OPEC, China or even Goldman Sachs has to say
SOURCE: International Business Times -
The price of oil was pushed back below the $80 mark by the thought of OPEC increasing production at their next meeting in December and increased concerns over banking sector liquidity
SOURCE: Bloomberg.com -
Energy demand is still soft, OPEC quotas are being exceeded with impunity while geopolitical variables, like Iran and Nigeria, seem to be fading
SOURCE: China Post -
There is confidence in this minister, he has done a good job for Libya and OPEC, and there is still confidence in him internally and externally
SOURCE: Wall Street Journal -
There's no one else who could do the job, this is a very positive sign. Ghanem knows the market, he knows the people and he has a great dialogue with other OPEC ministers and the oil industry as a whole
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Each country expresses its own viewpoint in this regard. But as far as I know there were no agreements between OPEC's member countries over the oil prices.
SOURCE: DNA India -
There are different opinions by different (OPEC) members about the oil prices... Some believe the price of $70-80 (per barrel) is high and some believe it is low
SOURCE: DNA India -
Iran has always been committed to crude production quotas set by OPEC and there has never been any violation by Iran in this respect
SOURCE: The National Newspaper -
OPEC made a concerted effort to stem its exports ... The result of that action was higher oil prices. So Russia was encouraged to produce more and sell more. Which is what it did.
SOURCE: The San Jose Mercury News
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