OPEC's stockpiling may signal end of oil rally
USA Today - USA
LONDON -- An OPEC target to boost stockpiles to the highest levels in years could spell the end of oil's protracted rally but is unlikely to drive a price ...
Opec can pump additional 2m crude oil for global use
Khaleej Times - Dubai,United Arab Emirates
... Dha'en Al Hamli, UAE's Minister of Energy yesterday assured that there is 2 million barrels per day additional crude oil capacity, which OPEC members can pump ...
OPEC daily basket price edges to 49.78 dollars
Islamic Republic News Agency - Tehran,Iran
The price of the OPEC basket of eleven crudes stood at 49.78 dollars barrel on Tuesday, compared with the 50.04 dollars of the previous day, according to OPEC ...
UPDATE 7-Oil dips on warmer weather, OPEC assurances
FXstreet.com - Barcelona,Spain
NEW YORK, Nov 29 (Reuters) - Oil prices fell on Tuesday amid warmer US weather and assurances that producer group OPEC would keep consumer nation stocks ...
Indonesia wants Opec to maintain output
Business Times - Malaysia - Malaysia
JAKARTA, Wed: The Organisation of the Petroleum Exporting Countries (Opec) should keep pumping at current rates and maintain its offer to tap all its spare ...
Oil edges towards $57, eyes on US stockpiles
Reuters South Africa - Johannesburg,South Africa
OPEC ministers appear unconcerned by the week's price fall and have indicated the group will keep the taps open when it meets next month. ...
Oil hovers just above $57 on mild weather, OPEC
Financial Express.bd - Bangladesh
... $1 in the previous session, pressured by balmy weather in the United States (US) and Organisation of Petroleum Exporting Countries (OPEC) ministers' commitment ...
Norway backs Barents Sea development
Gulf Times - Doha,Qatar
... Non-Opec Norway, the world's third-biggest oil exporter, also plans to issue in the first quarter of 2006 new licences for oil and gas exploration in ...
Vietnam and Indonesia look to nuclear power
World Peace Herald - Washington,DC,USA
... plan. Indonesia, a member of the Organization of Petroleum Exporting Countries (OPEC), became an oil-importing country last year. ...
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