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Oil hovers above $73 ahead of OPEC meeting

1 hour, 51 minutes ago ago from Energy For Business

SINGAPORE Oil prices hovered above $73 a barrel Monday in Asia ahead of an OPEC meeting where investors expect the cartel to keep production levels unchanged. See the rest here: Oil hovers above $73 ahead of OPEC meeting

OPEC poised to keep oil supply steady as price firm (Reuters via Yahoo! News)

12 hours ago ago from outfool.me

OPEC would leave output targets unchanged when it meets this week in Luanda, ministers said on Sunday, as robust oil prices offset concerns in the group about excess supplies. Visit link: OPEC poised to keep oil supply steady as price firm (Reuters via Yahoo! News)

OPEC poised to keep oil supply steady as price firm (Reuters)

14 hours ago ago from GettingEvenwithBigBusiness

Reuters - OPEC will almost certainly leave output targets unchanged when it meets this week in Luanda, ministers said on Sunday, as robust oil prices offset any concerns in the group about excess supplies. Read the rest here: (Reuters)"> (Reuters)">OPEC poised to keep oil supply steady as price firm (Reuters)

OPEC to keep oil supply unchanged-Algeria

18 hours ago ago from Football Manager - FM2010 - FMFormation

* Inventories high, price robust * Targets held steady all year, compliance has slipped (Adds background throughout) ALGIERS, Dec 20 (Reuters) - OPEC will keep supply unchanged when it meets on Tuesday in Angola, Algeria's Energy Minister Chakib Khelil said on Sunday. There will be no change in OPEC supply of crude oil. OPEC will not reduce supply and it will not increase supply, Khelil told reporters. A meeting of the producer group on ...

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OPEC looks likely to hold output steady in Angola

14 hours ago ago from U.S. News

OPEC looks likely to hold output steady in Angola LUANDA, Angola (AP) -- OPEC hasn't touched its oil production targets for a year, and with the economy still shaky oil ministers gathering for Tuesday's meeting in this African capital are unlikely to go tinkering with them now. Saudi Arabia's oil minister underscored that sentiment just last week. Ali Naimi, who represents OPEC's most powerful member, told the London-based Arabic daily ...

OPEC Is in the Catbird Seat

17 hours ago ago from BloggingStocks

Let's just say OPEC is in an enviable position. Come to think of it -- when hasn't OPEC been in an enviable position? OPEC heads into its December meeting next week "in the catbird seat," to cite an old phrase popularized by the late, great Red Barber . OPEC does not have to cut production to keep prices high -- they're already high: oil closed Friday up 40 cents to $73.05 per barrel. The roughly doubling of oil's price in 2009 is the main ...

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