posted by
strawberry
1557 days ago
in Oil
made popular 1557 days ago
The Organisation of Petroleum Exporting Countries (Opec) is considering reducing supplies in order to push up the price of crude oil.
posted by
skushno
1557 days ago
in Oil
made popular 1557 days ago
OPEC ministers weighed the options of tighter compliance with existing output curbs or agreeing to new cuts as they prepared to meet Sunday against a backdrop of high oil stocks and a damaged world economy.
posted by
neorix
1558 days ago
in GBP, Oil
made popular 1558 days ago
OPEC ministers in Vienna today will debate whether the best policy is strict compliance with existing curbs or a new set of cuts as they balance the issues of bulging oil stocks and a bruised world economy.
posted by
jasumine
1558 days ago
in Oil, Trade
made popular 1558 days ago
The deficit in Jordan’s balance of trade shrank 33.2 per cent in January for the first time in several years mainly on falling oil prices, according to official statistics released on Saturday.
posted by
erzon
1558 days ago
in Oil
made popular 1558 days ago
Oil prices climbed yesterday as markets speculated whether the Opec cartel will cut production again this weekend.
posted by
stephenie
1558 days ago
in Oil
made popular 1558 days ago
The Organisation of the Petroleum Exporting Countries (OPEC) yesterday forecast that the global oil demand for 2009 would drop by 1.01 million barrels per day (bpd) to 84.61 million bpd or about 74 per cent higher than the earlier estimated drop
posted by
jonell
1559 days ago
in EUR, Oil
made popular 1558 days ago
As the world's appetite for crude shrinks, OPEC is meeting in Europe to debate whether oil producers should tighten their spigots even more.
posted by
busybee
1559 days ago
in Oil
made popular 1559 days ago
Oil futures extended their gains Friday amid ongoing speculation about the outcome from this weekend's meeting of the Organization of Petroleum Exporting Countries.
posted by
sassy
1560 days ago
in USD, Oil
made popular 1559 days ago
Oil prices rebounded to around $43 a barrel Thursday after an unexpected rise in US crude inventories, suggesting demand remains poor, sparked a big drop in prices overnight.
posted by
mateo
1560 days ago
in USD, Oil, Inflation
made popular 1560 days ago
Home heating oil customers might be well advised to stock up on supplies of the fuel during 2009 before prices begin to rise again next year, according to new predictions.
posted by
skushno
1561 days ago
in Oil
made popular 1561 days ago
Oil prices tumbled more than 7 per cent on Wednesday as US inventories swelled with surplus crude and traders started to doubt whether OPEC would cut production further. Benchmark crude for April delivery fell $US3.38 to settle at $US42.33 a barr
posted by
sora
1562 days ago
in USD, Oil
made popular 1561 days ago
Crude oil prices rolled back on the New York Mercantile Exchange Tuesday after jumping $1.63 per barrel in the previous trading session.