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OPEC sees huge oil oversupply if no action taken

Posted by Cheapsuits 1207 days ago, popular 1207 days ago (http://in.reuters.com)
Category: Economy | Tags: oil supply opec
The world faces a huge oversupply of oil next year if leading producers fail to reduce output, OPEC Secretary General Abdullah al-Badri said on Tuesd[...] read more »
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OPEC Says It Will Cut Oil Output

Posted by neophyteblogger 1202 days ago, popular 1201 days ago (http://www.nytimes.com)
Category: Economy | Tags: cut oil production opec
Stung by what it called “a dramatic collapse” in crude prices, the OPEC cartel said on Friday that it would reduce output by a steeper-than-expected [...] read more »
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OPEC Cutting Production: Thank You Sir May I Have Another!

Posted by blabrmouth 1204 days ago (http://blabrmouth.com)
Category: Economy | Tags: oil oil prices opec
Why doesn't the United States control it's own destiny when it comes to oil production? Why do we depend so heavily on someone else for the engine [...] read more »
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OPEC joins the stampede

Posted by Cheapsuits 1204 days ago (http://www.marketwatch.com)
Category: Commodities | Tags: oil opec
Credibility crisis makes oil just another casualty read more »
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OPEC Agrees to Cut Production Quotas as Price Slumps (Update2)

Posted by sumib 1204 days ago (http://www.bloomberg.com)
Category: Economy | Tags: oil price slump opec
The Organization of Petroleum Exporting Countries cut oil production targets for the first time in almost two years as the group battles to slow a co[...] read more »
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Is OPEC Quietly Increasing Oil Production?

Posted by gftuk 387 days ago (http://blog.gftuk.com)
Category: Commodities | Tags: oil oil prices opec
Could OPEC be quietly increasing production? This could help keep prices from spiking as the global economy struggles toward recovery. read more »
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OPEC Cut Meaningless

Posted by licker4450 1204 days ago (http://www.247wallst.com)
Category: Commodities | Tags: energy prices oil opec recession
OPEC doesnt wield the same power in a recession. If this global situation continues, they might never reclaim their previous status. read more »
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Oil slide triggers Opec action

Posted by adrian67 1212 days ago (about://)
Category: Commodities | Tags: financial crisis oil opec
A sharp fall in oil prices has prompted Opec to bring forward a meeting on the impact of the financial crisis. read more »
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Oil Prices Shoot Back Above $100 on OPEC Decision

Posted by gftuk 247 days ago (http://blog.gftuk.com)
Category: Commodities | Tags: oil prices opec
Oil prices higher as OPEC decides not to raise production output. read more »
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Oil Prices Fall After Seeing Gains the Last Few Sessions

Posted by gftuk 245 days ago (http://blog.gftuk.com)
Category: Commodities | Tags: oil prices opec
Oil prices back below $100 a barrel as Saudi Arabia agrees to sell more oil to Asia. read more »
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OPEC Defers Output Decision to December, Seeks $75 Oil Price

Posted by neophyteblogger 1167 days ago (http://www.bloomberg.com)
Category: Economy | Tags: crude oil oil prices opec
OPEC deferred a decision on whether to cut production again this year by two weeks to gauge the impact of previous cuts, as it seeks to push oil pric[...] read more »
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Crude Oil Falls After OPEC Delays Decision to Reduce Production

Posted by sumib 1166 days ago (http://www.bloomberg.com)
Category: Business | Tags: crude oil opec production
Crude oil fell below $52 a barrel after the Organization of Petroleum Exporting Countries deferred a decision to reduce output for another two weeks.[...] read more »
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OPEC Will Consider ‘All Options’ as Oil Demand Extends Slide

Posted by littlefairy 1063 days ago (http://www.bloomberg.com)
Category: Economy | Tags: economy oil opec
OPEC will probably opt for a combination of a production cut and greater compliance at this weekend’s meeting in Vienna, Venezuela’s oil minister sai[...] read more »
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Oil drops 4 percent after OPEC keeps output steady

Posted by Verna 1061 days ago (http://www.reuters.com)
Category: Economy | Tags: business crude economy oil opec
Oil slumped 4 percent to $44 a barrel on Monday as traders questioned whether OPEC's decision to enforce better compliance with previous curbs rathe[...] read more »
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OPEC Targets $75-$80 a Barrel

Posted by gftuk 988 days ago (http://blog.gftuk.com)
Category: Commodities | Tags: oil prices opec
OPEC leaves production the same. The cartel is hoping that demand will pick up, and that continued restrictions on production will result in oil pric[...] read more »
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