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Opec 22/05/2012

09:21 : Saudi aid package for Egypt being finalised-finmin - RIYADH, May 22 (Reuters) - Saudi Arabia's Finance Minister Ibrahim Alassaf said in a speech on Tuesday that the OPEC country was in the process of finalising its $2.7- billion aid package for Egypt.
Source : reuters-com

Opec 03/05/2012

16:36 : OPEC says pumping hard to bring oil price down - PARIS (Reuters) - OPEC is working hard to bring down oil prices that jumped towards $130 a barrel earlier this year, its secretary general said on Thursday, and is pumping much more than its official target even as exports from cartel-member ...
Source : reuters-com

Opec 13/04/2012

23:41 : Opec members ready to drive down rocketing price of oil - Hopes of a reprieve from soaring oil prices mounted yesterday as Saudi Arabia claimed fellow members of the Opec oil cartel were working on bringing down the cost of crude.

Opec 20/03/2012

19:16 : US crude down over 2 pct on Saudi reassurance - NEW YORK, March 20 (Reuters) - U.S. crude oil futures fell more than 2 percent on Tuesday after top OPEC exporter Saudi Arabia offered reassurances it was prepared to meet any supply shortfalls, in the wake of ...
Source : reuters-com

Opec 02/03/2012

23:33 : Venezuela's Opec stand is a win for climate change campaigners | Mark ... - Environmentalists who support developing countries' fight against polluters should also back their struggle for control of oilEnvironmentalists seem to realize that they have some stake in a fight such as the Ecuador-Chevron lawsuit. That case, which ...
Source : guardian-co-uk

Opec 10/01/2012

09:08 : Fundamental Oil Report (2012-01-10) - Crude oil struggles to correct yesterday’s losses as the Iranian issue remain the main factor behind the rise in crude prices, where OPEC will not intervene to stop the conflict between Iran and the west, which raised ...
Source : ibtimes-co-uk

Opec 14/12/2011

08:05 : Eurozone crisis live: UK faces £30bn EU bailout bill - • UK may have to pay share of £200bn IMF loan for euro bailout • Italy looks to raise debt • Opec meeting • Live blogging now: @alexhawkes7.29am: Morning everyone and welcome back to our live coverage ...
Source : guardian-co-uk

Opec 11/10/2011

10:20 : More Saudi-led oil output curbs likely - LONDON (Reuters) - Saudi Arabia and other Gulf OPEC members, which unilaterally boosted oil supplies this year, are likely to trim flows in 2012 to make way for the restart of shipments from Libya and ...
Source : reuters-com

Opec 03/10/2011

00:00 : United front from Iran and Saudi - Global oil market supply and demand is balanced, Opec rivals Saudi Arabia and Iran said at the weekend after oil prices slumped on Friday amid global economic worries.
Source : scotsman-com

Opec 22/08/2011

21:16 : Brent crude slips as Libya oil restart eyed - NEW YORK (Reuters) - Brent crude edged lower on Monday in choppy trading as investors hoped the process to restart oil exports from OPEC member Libya would begin soon as the country's six-month-old civil war neared an end.
Source : reuters-com
10:40 : Libya: oil price drops on hopes of end to conflict - Oil dropped sharply on Monday as markets anticipated an end to the six-month Libyan cival war and the resumption of oil supplies from the Opec producer.
Source : telegraph-co-uk

Opec 03/08/2011

22:18 : Iran revolutionary guards commander becomes new president of Opec - Rostam Ghasemi joins Ahmadinejad cabinet as oil minister, automatically making him head of global oil organisationA senior Iranian revolutionary guards commander targeted by international sanctions has taken over the presidency of ...
Source : guardian-co-uk

Opec 24/07/2011

11:42 : UAE interbank offered rates at new 7-year low - DUBAI, July 24 (Reuters) - Interbank offered rates in the United Arab Emirates continued their slide to a fresh seven-year low on Sunday, as liquidity in the OPEC member's banking sector stayed high, ...
Source : reuters-com

Opec 28/06/2011

23:58 : Opec split threatens increase in Saudi oil production - A growing split between the world's biggest oil consumers and major Opec producers over prices means Saudi Arabia may no longer increase its oil output by as much as it pledged.
Source : telegraph-co-uk

Opec 18/06/2011

15:13 : International Energy Agency appeals to Russia: please join us - Director of oil consumers' organisation makes bold invitation to major producer in bid to settle dispute over responsibility for high fuel pricesEnergy consumer organisation the International Energy Agency (IEA) has invited Russia ...
Source : guardian-co-uk

Opec 11/06/2011

10:57 : Iran says Saudi crude increase will not change market - TEHRAN (Reuters) - An increase in crude output by Saudi Arabia will not change market conditions as demand is for lighter oil than it provides, Iran's OPEC governor was on Saturday quoted as saying, reiterating ...
Source : reuters-com

Opec 10/06/2011

23:33 : Oil price falls on Saudis' threat to raise production - OIL prices fell on world markets yesterday following reports that Saudi Arabia would defy its Opec partners and start pumping an extra million barrels a day.
Source : scotsman-com
13:10 : Oil dips as Saudi Arabia offers more crude - LONDON (Reuters) - U.S. crude oil fell more than a dollar on Friday as Saudi Arabia began offering more oil to Asian refiners, easing worries about supply following an inconclusive OPEC meeting.
Source : reuters-com

Opec 09/06/2011

07:27 : Thursday Papers: Southern Cross to cut 3,000 jobs - money and other news - And Opec dashed expectations that it would boost oil output when Iran rallied five member countries to block Saudi Arabia’s bid to increaseproduction quota.
Source : citywire-co-uk

Opec 08/06/2011

20:05 : Demise of Opec may be exaggerated - The end of Opec? That's premature. The organisation has lasted 50 years. It will take more than one acrimonious meeting – "one of the worst we've ever had", said the Saudi oil minister – to bust the cartel.Yet the failure to agree on production ...
Source : guardian-co-uk
12:45 : European Stocks Drop for Sixth Day; BP Falls on OPEC Speculation - European stocks dropped for a sixth day, for the longest losing streak since March, after Ben S. Bernanke gave no hint that the central bank will unveil a new round of stimulus. U.S. futures and Asian shares retreated.
Source : businessweek-com
08:39 : Oil prices dip ahead of Opec meeting - Brent oil dropped below $116 a barrel today, ahead of an Opec meeting where members are expected to agree to raise global supplies to rein in high prices that have weighed on growth and stoked inflation in the United ...
Source : irishtimes-com
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