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

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  • Saudi Arabia to lend Pakistan 380m dollars 11 Nov 2009 04:31 GMT
    ... Islamabad, Nov 10, 2009 (BBC Monitoring via COMTEX) ... (BBC Monitoring via COMTEX) -- Pakistan and Saudi Arabia here on Tuesday [10 November] signed three ...

  • R.I. gas prices fall as $100 oil is doubted 11 Nov 2009 04:31 GMT
    ... R.I. gas prices fall as $100 oil is ... also pointed out that King Abdullah of Saudi Arabia has called $75 a fair price for ...

  • OPEC will not up oil quotas for two years: analysts 11 Nov 2009 10:20 GMT
    ... OPEC will not up oil quotas for two ... Oil production by 11 OPEC countries (except Iraq) is 24.85 million barrels per day. At their ...

  • OPEC will not boost production, says official 11 Nov 2009 06:18 GMT
    ... Wednesday, November 11 - 2009 at 09:40 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without ...

  • EIA: Short-Term Energy Outlook 11 Nov 2009 08:10 GMT
    ... EIA is raising the forecast price of West Texas ... recent start-up of new liquefaction projects in Qatar and Yemen may lead to higher U.S. LNG import ...

  • Oil slides below $79 on mixed China data 11 Nov 2009 06:40 GMT
    ... SINGAPORE (Reuters) - Oil eased below $79 a ... holiday. A monthly report by producer group OPEC, due later in the day, could also ... demand. Further supporting oil were comments by Qatar Oil Minister Abdullah al-Attiyah that OPEC would keep ...

  • OIL FUTURES: Crude Lower In Asia On Demand Worries,Inventories 11 Nov 2009 07:00 GMT
    ... SINGAPORE (MarketWatch) -- Crude oil futures were slightly ... of trading advisory firm Ritterbusch & Associates. Qatar's Energy Minister Abdullah bin Hamad al-Attiyah said in ... oil market was well supplied, reaffirming views OPEC won't raise output quotas at its next ...

  • Government to Renovate Lira, Kichwamba Colleges 11 Nov 2009 09:33 GMT
    ... Kampala — THE Government plans to rehabilitate the ... being sourced from development partners like the Saudi Fund for Development, OPEC Fund for International Development and the Korean ...

  • Opec increases crude oil output to control prices 10 Nov 2009 16:34 GMT
    ... Rising equity prices and the weakening US dollar ... worst global recession since World War II. Saudi Arabia's King Abdullah has targeted US$75 oil as ...

  • EIA: OPEC Could Earn $750B of Net Oil Export Revenues in 2010 10 Nov 2009 22:13 GMT
    ... Based on projections from the EIA November 2009 ... revenues, a 42 percent increase from 2007. Saudi Arabia earned the largest share of these earnings, ...

  • Rise in Opec output keeps oil stockpiles near record 10 Nov 2009 05:50 GMT
    ... NEW YORK — The Organisation of Petroleum Exporting Countries ... since March, amid the global economic crisis. Saudi Arabia has targeted 75 oil as a fair ...

  • IEA Whistleblower: Governments Underplaying Peak Oil 10 Nov 2009 18:56 GMT
    ... The world is much closer to running out of ... oil becomes apparent. The U.S. has invaded Iraq, has troops stationed in Saudi Arabia and is threatening Iran, all because of oil — and in ...

  • VHeadline Venezuela News -- November 10, 2009 -- LATEST 10 Nov 2009 21:14 GMT
    ... VHeadline is 100% biased in favor of the ... government planning, discipline, failure to apologize -- Iranian President Mahmoud Ahmadinejad to help open project ... exclude international arbitration -- VZLA agrees with Saudi Arabia's decision to abandon WTI benchmark -- ...

  • MARKET WATCH: Storm, market factors lift energy prices 10 Nov 2009 20:31 GMT
    ... -- A stronger equities market, weaker dollar, and a ... “Crude [prices] rose despite indications from the Saudis that they would start to increase oil ... was 26.31 million b/d. Jakob said, “Saudi Arabia took Asian refiners by surprise...by allocating some ...

  • The contrarian Sifting oil sands for grains of truth 10 Nov 2009 08:14 GMT
    ... oil from known reserves, particularly in the Arabian peninsula and Africa, and are drawing on ... on a host of geopolitically unreliable countries, Saudi Arabia being the largest. Thanks in large ... US, Russia and various countries in the Middle East. However, the world’s largest deposits are ...


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