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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

  • Week Ahead: OPEC Meeting, Last-Minute Shopping 19 Dec 2009 01:49 GMT
    ... The Organization of Petroleum Exporting Countries is expected to ... product may have grown less than estimated. OPEC is not expected to change production at ... cuts. But some cartel members, such as Iraq and Venezuela, are increasing output even as OPEC ...

  • Sugar extends record-breaking run 19 Dec 2009 00:34 GMT
    ... Published: December 18 2009 11:44 | Last updated: ... per cent advance this week. Reports that Iranian troops had entered an Iraqi oil field were not viewed by traders ...

  • Oil rises above $73 on Iran-Iraq tension, U.S. cold snap 18 Dec 2009 23:42 GMT
    ... An attendant holds a petrol nozzle at a petrol ... barrel on Friday, after an incursion by Iranian troops into an Iraqi oilfield sparked tensions between two major crude ...

  • Oil above $73 on Iran-Iraq tension, high US demand 18 Dec 2009 23:22 GMT
    ... Oil above $73 on Iran-Iraq tension, high US demand Web posted at: 12/19/2009 1:28:48 Source ::: Reuters A flame ...

  • Crude Surges through Technical Restraints as Iran Seizes Control of Iraqi Oil Well 18 Dec 2009 22:41 GMT
    ... Energy Crude Surges through Technical Restraints as Iran Seizes Control of Iraqi Oil Well Crude Oil (LS NYMEX) - ... began in the morning hours in the Middle East when Iranian military forces seized control, and ...

  • World stocks up modestly on German business confidence data, US earnings 18 Dec 2009 22:32 GMT
    ... World stocks up modestly on German business confidence data, ... unchanged at its meeting next week and Iranian troops crossed into Iraq and seized an oil field. Benchmark crude ...

  • Oil prices climb on Iran-Iraq border tensions 18 Dec 2009 22:18 GMT
    ... NEW YORK - Oil prices rose Friday, with markets ... with markets on edge after news that Iranian forces had seized an Iraqi oil well in a disputed border region. ...

  • Ahmadinejad departs Copenhagen for Tehran 18 Dec 2009 22:12 GMT
    ... Copenhagen, Dec 19, IRNA – President Mahmoud Ahmadinejad ... the meeting on Thursday and expounded on Iran's stances on climate change and presented Iran's proposals ... issue. He met with Greece prime minister, OPEC secretary general, President of Turkey and prime ...

  • Oil rises above $73 on Iran-Iraq tension 18 Dec 2009 21:52 GMT
    ... NEW YORK (Reuters) - Oil rose above $73 a ... barrel on Friday, after an incursion by Iranian troops into an Iraqi oilfield sparked tensions between two major crude ...

  • OPEC expects to hold supply steady: Angola 18 Dec 2009 21:47 GMT
    ... The OPEC cartel of oil producing countries expects to ... magazine Exame. Arab OPEC members led by Saudi Arabia agreed on December 5 to maintain ... quotas. Agency current production of OPEC minus Iraq stands at 26.48 million barrels per day, ...

  • Oil higher on Mideast tension 18 Dec 2009 21:24 GMT
    ... NEW YORK (Reuters) - Oil rose above $73 a ... barrel on Friday, after an incursion by Iranian troops into an Iraqi oilfield sparked tensions between two major crude ...

  • Saudi minister expects no change 18 Dec 2009 21:23 GMT
    ... Saudi Arabia’s oil minister said in remarks published yesterday that Opec’s meeting next week will not ...

  • Oil rises on reports of Iran incursion into Iraq 18 Dec 2009 21:14 GMT
    ... "Given the ferocity of the dollar rally and our ... will only reinforce how behind the curve OPEC really is," Meir said. Also on Globex ...

  • Crude prices spike on Iraqi oil well report 18 Dec 2009 21:13 GMT
    ... LONDON : Oil prices jumped above 74 dollars on ... accelerating earlier gains after a report that Iranian forces had taken control of a disputed oil well with Iraq, traders said. "The market spiked initially (after ...

  • Oil rises on Iran-Iraq tension, U.S. cold snap 18 Dec 2009 20:33 GMT
    ... NEW YORK (Reuters) - Oil rose above $73 a ... barrel on Friday, after an incursion by Iranian troops into an Iraqi oilfield sparked tensions between two major crude ...


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