Search for: "Organization of Petroleum Exporting Countries (OPEC)"
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22 Jan 2015, 5:10 pm
In oil markets, a “perfect storm” of conditions has led to a plunge in prices since mid-2014: growth in unconventional oil production, decline in demand, appreciation of the U.S. dollar, receding geopolitical risks, and a major redirection toward maintaining market share rather than targeting prices by the world’s oil cartel, Organization of the Petroleum Exporting Countries (OPEC). [read post]
20 Jan 2015, 11:28 pm
The Organization of the Petroleum Exporting Countries (OPEC) announced it would leave market forces to determine crude oil price and would not cut oil output. [read post]
19 Dec 2014, 1:50 pm
Texas could soon outpace the second biggest oil producing country in Organization of the Petroleum Exporting Countries (OPEC), which is Iraq (after top producer Saudi Arabia). [read post]
17 Sep 2014, 4:54 pm
Petroleum exports accounted for 85% of total Saudi export revenues in 2013, according to the Organization of the Petroleum Exporting Countries (OPEC)’s Annual Statistical Bulletin 2014. [read post]
2 Jul 2014, 3:41 pm
As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player in the global oil market. [read post]
3 Mar 2014, 4:18 pm
Most of the oil consumed in the country, used mainly in the transportation sector, is imported from Middle East and West African producers in the Organization of the Petroleum Exporting Countries (OPEC) and is locally refined. [read post]
American Media Finally Starting to Notice the Problems Caused by US Export Restrictions on Oil & Gas
9 Dec 2013, 8:57 am
The National Association of Manufacturers commissioned James Bacchus, a former Democratic Congressman and World Trade Organization judge, to pen the report, which it says sends a message to the Obama administration and Congress that they should accelerate the approval process and lift regulatory barriers… The NAM asked Bacchus to consider whether delays by the Department of Energy in issuing licenses to export liquefied natural gas to certain countries… [read post]
American Media Finally Starting to Notice the Problems Caused by US Export Restrictions on Oil & Gas
6 Dec 2013, 3:45 pm
The National Association of Manufacturers commissioned James Bacchus, a former Democratic Congressman and World Trade Organization judge, to pen the report, which it says sends a message to the Obama administration and Congress that they should accelerate the approval process and lift regulatory barriers… The NAM asked Bacchus to consider whether delays by the Department of Energy in issuing licenses to export liquefied natural gas to certain countries… [read post]
19 Nov 2013, 8:36 am
The situation is further complicated, on the one hand, by the need to foster the diffusion of renewable energy to address the current environmental concerns and, on the other, by the total and overwhelming control exercised by the Organization of Petroleum Exporting Countries (OPEC) over the oil market. [read post]
12 Nov 2013, 8:50 am
The latest target of these "tailored access" efforts to come to light is OPEC, the Organization of Petroleum Exporting Countries. [read post]
24 May 2013, 9:23 am
The members of Organization of Petroleum Exporting Countries (OPEC) are expected to decrease crude oil supply in 2013 by 600,000 barrels per day due to a decline in production in Saudi Arabia. [read post]
6 Oct 2012, 8:43 pm
Leong also expects oil prices to be supported by the Organization of Petroleum Exporting Countries (OPEC) oil cartel. [read post]
31 Jul 2012, 12:58 pm
That proposal would permit the Department of Justice to bring actions against members of the Organization of Petroleum Exporting Countries (OPEC) for collusive practices in setting the price or limiting the production of oil. [read post]
20 Jun 2012, 1:19 pm
We expect the International Energy Forum (IEF) report on improving the reliability of the JODI-Oil database and the report on transparency in international gas and coal markets submitted by the International Energy Agency (IEA), IEF, and Organization of the Petroleum Exporting Countries (OPEC) to be discussed by our Finance Ministers in November. [read post]
16 Mar 2012, 3:00 pm
Department of Justice to sue Organization of Petroleum Exporting Countries (OPEC) members for price fixing were excised from the Senate Surface Transportation Bill prior to its passage on March 14. [read post]
8 Mar 2012, 1:55 pm
Department of Justice to sue Organization of Petroleum Exporting Countries (OPEC) members for price fixing will not pass the Senate as part of the Surface Transportation Bill. [read post]
5 Mar 2012, 6:04 pm
Department of Justice to bring actions against foreign states—such as members of the Organization of Petroleum Exporting Countries (OPEC)—for collusive practices in settling the price of limiting the production of oil.Senator Kohl, Chairman of the Judiciary Committee’s Antitrust, Competition, Policy and Consumer Rights Subcommittee, introduced the “No Oil Producing & Exporting Cartels (NOPEC) Act” as an amendment… [read post]
30 Jan 2012, 11:38 am
Buried in the last paragraph of a NY Times article on the China - Raw Materials case, I saw this: Western governments have periodically considered filing an international trade case against nations in the Organization of Petroleum Exporting Countries for limiting oil exports. [read post]
12 Oct 2011, 12:33 pm
The retailers had alleged that oil production companies—most of which were owned in whole or in part by the member nations of the Organization of Petroleum Exporting Countries (OPEC)—conspired to fix the price for refined petroleum products. [read post]
19 Jul 2011, 7:01 pm
Political and Industry Influence The existing oil, coal, and natural gas industry, and the foreign countries who export these products, are among the richest and most powerful in the world. [read post]
