Related Blog Posts
Will Opec have a happy new year?
8 hours ago ago from Dubai Business | Kippreport
Oil prices reached above $74 per barrel on Tuesday even as the Organization of the Petroleum Exporting Countries (Opec) agreed to keep production unchanged at least until March 2010. Opec ministers have said that they are happy with the current oil prices; Saudi's oil minister Ali al-Naimi said that they were and that he would like to keep it that way in 2010. Everyone needs this price: this is the future, he said. This is the ...
Related contentOPEC holds its output targets unchanged – Deseret News
21 hours ago ago from outfool.me
The lack of action appears meant to avoid shocking an oil market in which crude prices have stayed within range of OPEC's unofficial target of $75 a barrel for months. The relative price consistency has provided OPEC a measure of relief after oil Read more here: OPEC holds its output targets unchanged Deseret News
Related contentOPEC holds oil output quotas unchanged al-Naimi :crude price levels were “perfect”.
15 hours ago ago from Syrian Oil and Gaz News
The OPEC oil producers' cartel held its crude output quotas unchanged at its meeting in Angola on Tuesday, warning of lingering weakness in the world economy. Khelil told reporters, using the organisation's term to indicate that ministers had maintained the existing quotas for the group of major oil producers, which were put in place a year ago to stabilise prices. Khelil added that the 12-member group will next meet on March 17. ...
Related contentOPEC opts to hold output steady (AP)
23 hours ago ago from eCommoditiesTrading
OPEC held its year-old output targets unchanged, as the group grappled with overproduction by some in its ranks that could undercut efforts to support oil prices amid a fragile global economic recovery.
Related contentOil holds above $74 after OPEC output unchanged (AP)
17 hours ago ago from eCommoditiesTrading
Oil prices held above $74 a barrel Wednesday in Asia after OPEC left output levels unchanged and a report showed U.S. crude inventories fell last week.
Related contentRelated News
Nothing to see... move along.
