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Iraq OPEC News. Service for global professionals. Constantly updated news and information about Iraq.
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Latest Iraq OPEC News

  • OPEC warns of weak recovery for oil market 23 Dec 2009 17:54 GMT
    ... The OPEC oil producers' cartel warned of lingering weakness in the world economy and held its ...

  • Oil prices rise before US inventory data 23 Dec 2009 17:54 GMT
    ... Oil prices climbed on Wednesday as traders awaited the latest official reading on energy inventories ... as traders bet on improving demand after OPEC decided against changing the cartel's official crude ...

  • Oil rises $2 following US inventories 23 Dec 2009 17:53 GMT
    ... Published: December 23 2009 11:58 | Last updated: December 23 2009 17:17 rose $2 a ... Opec’s projection, together with its forecast of non-OPEC production growth of 0.3m b/d, would imply ...

  • Iraq expected to rival Saudi in OPEC ... 23 Dec 2009 17:52 GMT
    ... Luanda, December 23: A surge from Iraq's oilfields will occupy OPEC crude producers in coming years as the recovering country's output challenges that of Saudi ...

  • Energy flat heading into the holiday 23 Dec 2009 17:37 GMT
    ... The Associated Press The world's biggest oil producing nations on Tuesday opted to leave production ... for energy prices after a volatile year. OPEC negotiations in Africa can have a direct ...

  • Iraq on collision course with OPEC 23 Dec 2009 17:35 GMT
    ... LUANDA, Angola, Dec. 23 (UPI) -- OPEC oil producers sought to downplay Iraq's ambitious plans to more than quadruple its oil ...

  • OPEC Maintains Output, Seeks Better Compliance With Quotas 23 Dec 2009 17:34 GMT
    ... Lagos — For the fourth time this year, the Organisation of Petroleum Exporting Countries (OPEC) agreed yesterday at its ministerial meeting in Launda, Angola to keep its production quotas ...

  • OPEC decides to hold oil output steady again 23 Dec 2009 17:33 GMT
    ... LUANDA, ANGOLA - OPEC held its year-old output targets unchanged Tuesday, as the group grappled with overproduction by ...

  • W. Pa. gas prices decline 23 Dec 2009 17:18 GMT
    ... Western Pennsylvania motorists received an early Christmas gift this year as gas prices continued ... Tuesday, up 68 cents per barrel after OPEC signaled it won't make any changes to ...

  • Noncompliance Vexes Oil Cartel 23 Dec 2009 17:13 GMT
    ... Luanda. OPEC held its output quotas unchanged on Tuesday as the producer group called for greater ...

  • Yemen foreign debts increased slightly in end of October 23 Dec 2009 17:13 GMT
    ... Yemen foreign debts increased slightly in end of October [23/December/2009] SANA'A, Dec. 23 (Saba)- Yemen's foreign ... of the debt was for the IMF, OPEC, the Islamic Development Bank and the EU. ...

  • Crude oil stockpiles tumble by 4.9 million barrels 23 Dec 2009 16:53 GMT
    ... Crude oil stockpiles tumble by 3.7 million barrels Crude inventories fell last week, while gasoline ... is over. Oil holds above $74 after OPEC output unchanged Oil prices held above $74 ...

  • Oil prices surge after US inventory data 23 Dec 2009 16:52 GMT
    ... Oil prices surge after US inventory data Oil prices have risen sharply after the United States ... as traders bet on improving demand after OPEC decided against changing the cartel's official crude ...

  • US demand signal lifts oil prices 23 Dec 2009 16:47 GMT
    ... Oil prices rose sharply this evening after the US said its crude stockpiles dropped far more ... as traders bet on improving demand after OPEC decided against changing the cartel's official crude ...

  • The Rising Dominance of National Oil Companies 23 Dec 2009 16:45 GMT
    ... U.S. IOC was successful. Angola, on the southwest coast of Africa recently joined the Organization of the Petroleum Exporting Countries, OPEC and has since ramped up her production. The country’s offshore fields are part of ...


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