OPEC

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Latest blogosphere posts tagged “OPEC”

  • Why is the cost of gas soaring?


    Thy Glory O Nigeria..!Authority Authority: 112
    Adeola Aderounmu Slowly and steadily the price of gas has increased and surprisingly it is no longer part of the BIG news. I really don’t know why the price of gas has increased to a record high in Sweden. Gas is now sold for over 12 swedish crowns (12:37) the last time I checked. Few years ago there was a lot of ...
    16 hours ago
  • U.S. Dollar May Lose Reserve Status: center of economic activity shifting from the West to the East


    Count Us OutAuthority Authority: 149
    U.S. Dollar May Lose Reserve Status in 20-30 Years (Update1)By Cherian ThomasNov. 9 (Bloomberg) — The dollar may lose its position as the global reserve currency as Asia moves to replace the U.S. as the driver of world growth, said Rajat Nag, managing director of the Asian Development Bank.“The process has already ...
    18 hours ago
  • #25- AubreyJ’s Energy Update Report - November 09, 2009


    AubreyJ.orgAuthority Authority: 133
    AubreyJ’s Latest Energy Update Report Oil Prices shot past $80 a barrel for a time Monday - Oil and Natural Gas Operations in Gulf of Mexico shut down as once Hurricane, now Tropical Storm Ida moved through Tuesday , November 09, 2009 File photo by DoE ...
    1 day ago
  • UAE banks’ provisions increase 178%


    Dubai for VisitorsAuthority Authority: 153
    Nine-month provisions for 19 banks listed on UAE stock exchanges were up more than 178 per cent year-on-year while net profits fell 13.7 per cent at the end of the third quarter, Emirates Business research reveals. Combined provisions of the 19 Here is the original: UAE banks’ provisions increase 178%
    2 days ago
  • UAE leads GCC debt market in 2009


    Dubai for VisitorsAuthority Authority: 153
    The debt market in Gulf oil producers rebounded by a staggering 64 per cent in the first nine months of 2009 and the UAE emerged as the leader in the issuance of conventional bonds, according to a Saudi investment fund. New issuances during the Continued here: UAE leads GCC debt market in 2009
    2 days ago
  • Opec will not increase oil production


    Dubai Business | KippreportAuthority Authority: 535
    The UAE’s oil minister Mohammad Al-Hamli has said that Opec is not currently planning to increase oil production. “Up until now raising production is not on the agenda for the Opec,” he said on Saturday. The minister added that although the world economy was not yet “out of the woods”, higher oil prices ...
    3 days ago
  • Higher Oil Prices, the New Normal


    The Daily Reckoning AustraliaAuthority Authority: 551
    Oil prices have bounced more than 150 percent off their December 2008 lows, despite the fact that inventory levels remain at historically high levels. Does that mean the oil price is out of whack? Not necessarily. According to Goldman Sachs, robust 2010 oil demand growth will deplete these inventories over the next ...
    5 days ago
  • The Dethroning of the U.S. Dollar - Coming Soon!


    Protect Wealth, Wealth Creation, International LivingAuthority Authority: 113
    “The Dethroning of the US Dollar could happen sooner than you think,” says Keith Fitz-Gerald in a recently published article. The implications of this for asset protection purposes are huge - now is the time to diversify out of the collapsing dollar, and protect your wealth and assets through the use of offshore ...
    6 days ago
  • Never believe the oil forecasters


    Commodity CornerAuthority Authority: 116
    If there is one thing OPEC Secretary General Abdullah al-Badri would really like to get rid of, it’s analysts forecasts of how much oil there is sitting in storage in the world’s biggest energy consumer the United States. “The forecasts are always wrong,” he has told Reuters. “Why do you carry on running ...
    6 days ago
  • Statoil: Third quarter Operating and Financial Review


    GreenEnergyForEarth.com - Solar & Wind Power ProductsAuthority Authority: 121
    Nov 4, 2009 – Statoil’s (OSE:STL, NYSE:STO) third quarter 2009 net operating income was NOK 28.3 billion, compared to NOK 47.0 billion in the third quarter of 2008. The quarterly result was mainly affected by a 31% drop in oil prices and a 32% decrease in the average price of natural gas. Adjusted earnings in the ...
    6 days ago
  • The Dean’s Oil and Gas Outlook


    CollegeStock - The Dean of College StocksAuthority Authority: 139
    The Dean believes the economy is strengthening and an increase in consumer demand is expected in the next two months, fueled by anticipated fourth quarter spending and reports of improvements in the overall global marketplace.The Organization of Petroleum Exporting Countries (OPEC) raised crude-oil production in ...
    1 week ago
  • Commentary: Oil & Money Conference—What the CEOs and VPs are Saying


    Energy Bulletin -Authority Authority: 599
    On October 20-21, the 30th Oil & Money Conference, convened in London by Energy Intelligence and the International Herald Tribune, attracted roughly 500 attendees, many from the industry press (most of them working for the conveners). Held under tight security at the opulent Intercontinental Hotel, a half-dozen ...
    1 week ago
  • War in Afghanistan: A Victory of Lies (most of them Bush’s)


    Trends UpdatesAuthority Authority: 599
    George W. Bush once boasted that the US presence in Afghanistan has ‘given “freedom and democracy” to 25 million Afghans.’ To propel the war in Afghanistan, ‘Bush frightened Americans with a bogus nuclear threat: “Our discoveries in Afghanistan confirmed our worst fears. . . . We have found diagrams of ...
    1 week ago
  • The Mad, Mad War in Afghanistan (for oil, what else?)


    Trends UpdatesAuthority Authority: 599
    Obama’s ‘war of necessity’ is waged against the Taliban that are a ‘polyglot collection of conflicting political currents whose goals are local, not universal jihad.’ The Taliban have always asserted that they do not pose any international threat. They are not even interested in having anything to do with ...
    1 week ago
  • Critique of Scientific Americans October, 09 essay: Squeezing More Oil from the Ground


    Energy Bulletin -Authority Authority: 599
    Critique of October, 2009 issue of Scientific American essay: Squeezing More Oil from the Ground read more
    1 week ago
  • Oil Prices Are Not Going to Spike Again Just Yet


    Energy Bulletin -Authority Authority: 599
    The party isnt over -- at least not yet. For the last year, relatively low oil prices have helped us all cope with the economic collapse. Weve paid less for gasoline than we have for years. And businesses have paid less for running their factories, planes and product transportation. But last week we began hearing the ...
    1 week ago
  • Oil moves near $80 amidst indications of economic recovery


    Global Crisis NewsAuthority Authority: 470
    Crude oil was up near $80 per barrel after home prices in the US  were up and reports showed that crude stockpiles were on the drop. This has led to the belief that the US, which uses the maximum energy in the world, has started to recover from the worst slowdown in the last 80 years. According to reports, crude oil ...
    1 week ago
  • OPEC Considers Boosting Production as Oil Prices Continue to Rise


    Money MorningAuthority Authority: 609
    By Jason SimpkinsManaging EditorMoney MorningThe Organization of Petroleum Exporting Countries (OPEC) would intervene if oil prices were to reach $100 a barrel, according to the group’s... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But ...
    2 weeks ago
  • Economic dominoes continue to fall


    Energy Bulletin -Authority Authority: 599
    Passing the world oil peak has had, and doubtless will continue to have, relatively little impact on the long-term price of gasoline. The economic implications of getting through the first half of the Oil Age have been much more significant, a trend that seems likely to continue until the collapse is complete. read ...
    2 weeks ago
  • Peak oil, prices, and supplies - Oct 27


    Energy Bulletin -Authority Authority: 599
    -Oilwatch Monthly October 2009 -A post-oil world gets less sci-fi by the day -The Truth About Energy -Global oil supply: Separating fact from fiction read more
    2 weeks ago

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