Tag Archive | "opec"

2012 Oil Market Outlook

Monday, January 9, 2012

Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.

Foreign Oil Companies Resume Production in Libya

Monday, October 3, 2011

Total and Eni among the first foreign firms to restart operations in Libya, while others await developments.

IEA Stockpile Release Riles OPEC

Monday, June 27, 2011

Short-term price cut may boost ailing economies, but resulting friction with the oil cartel could have long-term implications on price stability.

Oil Prices to be Volatile

Monday, March 28, 2011

Oil prices eased modestly early on March 28 after advancing rebels in Libya announced that they would be able to resume crude exports in a week and Qatar promised to help them market their product on world markets.The price remains 8 percent higher than it was a month ago, and 30 percent higher than a year ago, challenging global economic recovery.

Saudi in Talks to Fill Libya Oil Gap-Sources

Thursday, February 24, 2011

Reuters reports that Saudi Arabia is in conversation with European companies affected by Libyan unrest.

Increasing Oil Production Pressures

Monday, January 24, 2011

International Energy Agency last week indicated that “three digit oil prices risk damaging” the economic recovery, offering a message that OPEC should raise output; however, OPEC responded the same day by saying that global supplies are sufficient to meet demand.

OPEC will not lift output to cap oil price rise

Wednesday, December 8, 2010

Reuters Africa reports that OPEC appears unlikely to raise oil supply limits to cap an oil price rally when it meets in Quito on Saturday.

OPEC Talks and Oil Prices Jump

Monday, November 1, 2010

The Wall Street Journal reports that oil prices were surging to a nearly five-month high.

Oil Prices Climb on Supply Concerns and Bernanke Comments

Tuesday, June 8, 2010

Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.

British Petroleum Oil Spill Draws Criminal Speculation

Tuesday, May 25, 2010

The oil spill liability could extend well beyond British Petroleum as Transocean Ltd., Halliburton Co. and Cameron International Corp. all had some exposure to this series of current events.

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