Articles tagged with: opec
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NEW YORK (Commodity Online): Saudi Arabia reportedly is not happy about the current high oil prices and will work to bring it down. Saudi Arabia is the biggest oil producer and exporter amongst the OPEC nations. “We are seeing a prolonged …
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Meanwhile, OPEC left its 2012 oil demand forecast unchanged on but cautioned that it now expects slower global economic growth, notably because of the eurozone debt crisis. Current high prices were unjustified, driven by speculative activity on …
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Watching Government: Forces behind gasoline pricesOil & Gas Journal"Oil prices could be higher than projected if current disruptions intensify, new non?OPEC projects come online more slowly than expected, or OPEC members do not increase producti…
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… oil tankers is heading from Saudi Arabia to the US in order to drive down “unjustified” oil prices of $127 per barrel. Saudi Arabia’s current capacity of 9.9 million barrels per day already exceeds self-imposed OPEC quotas. Saudi …
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TEXT-S&P publishes revised oil price assumptions Reuters The assumptions take into account our belief that oil prices in 2012 will remain at or near current levels, in particular due to decreased non-OPEC oil supply, ongoing political unrest in the Middle East, Organisation for Economic Co-operation and … and more » |
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 Financial Post | OPEC Recycles Dollars Into Debt 50% Faster Than Foreigner BusinessWeek By Cordell Eddings and Austen Sherman on March 19, 2012 OPEC nations are plowing cash into US Treasuries at a more than 50 percent faster rate than all other foreign investors, an unintended benefit of oil prices above $100 a barrel. OPEC recycles US dollars into debt faster than other foreignersNational Post all 157 news articles » |
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OPEC Recycles Dollars Into Debt 50% Faster Than Foreigner Bloomberg OPEC nations are plowing cash into US Treasuries at a more than 50 percent faster rate than all other foreign investors, an unintended benefit of oil prices above $100 a barrel. Organization of Petroleum Exporting Country members increased their net … A Threat to Treasurys' FlightWall Street Journal all 13 news articles » |
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The 'High Oil Prices = Recession' Fallacy Seeking Alpha But, if OPEC keeps prices too high, people reduce consumption, cartel revenues go down, and OPEC reduces prices to stimulate consumption. This is what happened in the current business cycle. It is the same with recessions and oil prices. and more » |
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Iran’s OPEC governor predicted on this week that international crude prices will rise further for reasons including foreign sanctions imposed on the country’s oil exports, the semi-official Mehr news agency reported. “Under current circumstances …
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 Jakarta Post | Brent slips on Greece woes; stays above $118 on supply fears Reuters STOCKS DRAW DOWN Additional support for oil prices came from the US, after latest data showed a surprising drop of 171000 barrels in the week to Feb. 10 in crude oil stockpiles last week, against a forecast for a 1.5 million-barrel increase. Oil hovers below $102 as Iran tensions bubbleMiamiHerald.com 'Oil prices to rise further' Iran OPEC gov cites sanctions impactArab Times Kuwait English Daily Iran says oil prices to rise furtherArab News Livemint all 1,987 news articles » |
