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Displaying Results 1 - 15 for opec

Opec Production Cut Fails to Inspire Oil Market; Oil Drops to Four-year Low

... production cut. After rumors circulated prior to the meeting that Russia and Azerbaijan might take part in the cuts, their contribution to OPEC’s effort came out flat. “Russian oil companies have already made a decision to cut deliveries ... Read Read: Opec Production Cut Fails to Inspire Oil Market; Oil Drops to Four-year Low

By: Money Morning | 19/12/2008 | Business Opportunities

Oil Prices Climb on Speculation That Opec and Russia Will Cut Production

... the past two weeks. Their exit from the market has been expedited by the belief that prices are nearing a bottom, as well as suggestions that both OPEC and Russia will cut production next week. Russia will air proposals on oil production ... Read Read: Oil Prices Climb on Speculation That Opec and Russia Will Cut Production

By: Joe | 11/12/2008 | Investing

Opec Misses a Public Relations Opportunity

... major input into the global economy to do their part by keeping oil low to help aide the recovery. By doing this, it would allow OPEC to have something new in their pocket the next time they cut production to raise prices, a little bit of ... Read Read: Opec Misses a Public Relations Opportunity

By: Dominic Mazzone | 02/12/2008 | Investing

Opec Warns Against Reducing Demand for Oil

... industry.” The organization also sets production quotas for most of its members. The Associated Press reports that the president of OPEC, Mohamed Al Hamli, has asserted that policies aimed at reducing world dependence on oil could ... Read Read: Opec Warns Against Reducing Demand for Oil

By: Bob Jent | 28/06/2007 | Economics

Can Opec Control Crude Oil Prices?

... decrease supply then the risk of a price bounce or permanent return to higher levels could catch out the speculators.OPEC recently inspired such a rally when it announced a production cut. However that rally was both muted and short lived. ... Read Read: Can Opec Control Crude Oil Prices?

By: Peter Jones | 20/11/2008 | Investing
Anthoney Grigsby

Don't Blame Opec

... , 2008 (and continuously rising). And honestly, I don't see it stopping. Why is it continuously rising? Is it the fault of OPEC? Nope, not at all. Let's take a look at some facts. The demand for oil is steadily increasing. Oil is ... Read Read: Don't Blame Opec

By: Anthoney Grigsby | 27/05/2008 | Personal Finance

Ovetii Report Crude Oil May Fall as Opec Production Increases

... that the larger fundamentals are still evolving in a bearish direction. He went on to add that this was probably largely due to OPEC production being on the rise and demand weakening in the face of the recent record prices. Prices ... Read Read: Ovetii Report Crude Oil May Fall as Opec Production Increases

By: invest-biz.info | 21/12/2007 | Finance

Breaking the Opec Chains

... increasing. Crude oil prices have topped $135 per barrel. Oil prices have been on a steady climb for a long time. Dwindling OPEC oil reserves and a weak dollar are driving petroleum prices to new heights. The US government has made no ... Read Read: Breaking the Opec Chains

By: Klaus H Hemsath | 13/06/2008 | Politics

The Pentagon's Battle Plan is to Go Green

... and working together to set crude prices. In effect, it says that gas and oil prices in America are too high and that OPEC should therefore produce more product. Of course, the vote is a study in congressional hypocrisy as many of the same ... Read Read: The Pentagon's Battle Plan is to Go Green

By: James William Smith | 16/06/2008 | Environment

Hillary Tilts at Windmills

... high demand does funny things to a market. One of those "funny things" is that prices go up. But oh no, it is obviously OPEC’s fault. And it is also probably that other creature called "Big Oil" that is daring to make a profit on a ... Read Read: Hillary Tilts at Windmills

By: J.J. Jackson | 18/05/2008 | Politics
Christopher M. England

Rescue the American Dream From the Tyranny of Foreign Oil

... , should be prohibited from investing in or controlling our alternative-fuel resources, as it would make no sense for us to allow OPEC to maintain its death grip on our economy as we shift from oil. Automakers can drive up CAFE thresholds ... Read Read: Rescue the American Dream From the Tyranny of Foreign Oil

By: Christopher M. England | 25/07/2008 | Politics

The Motoring Scene

... and buggy once more. That was thirty years ago and sadly, very little seems to have fundamentally changed since then. OPEC & Co still have the West over a barrel, and that's simply because we haven't altered our consumption practices to ... Read Read: The Motoring Scene

By: Mervyn Rees | 28/08/2008 | Automotive

High Gasoline Prices and the Solution

... would be out of the question. What's more, as an added benefit, reducing the price of oil globally would put a damper on OPEC's grip on the oil market, and, who knows, maybe some of its members will have less money to contribute to ... Read Read: High Gasoline Prices and the Solution

By: Josh Greenberger | 21/05/2008 | Economics

Why the Oil Roller Coaster is Over!

... the dollar as rates rise in the free market. This is what will help sustain the slow the pace of dollar decline.      OPEC. It is not in OPEC’s best interest to let oil prices get way out of control, to the point where the global economy ... Read Read: Why the Oil Roller Coaster is Over!

By: Bob Obrien | 09/06/2009 | Investing

Saving our Beloved Cars and the Automotive Industry

... , and hydrogen powered cars cannot stop carbon dioxide emissions perceptibly and will not make our country independent of OPEC imports. Automotive companies are critically dependent on the fickle and changing preferences of national and ... Read Read: Saving our Beloved Cars and the Automotive Industry

By: Klaus H Hemsath | 20/09/2008 | Automotive

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