OPEC
OPEC Articles
The oil minister of Venezuela, Rafael Ramirez, said a shutdown of the Suez Canal could push oil prices above $200. “There is sufficient oil (in the market) and there have been no interruptions,...
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Hewlett-Packard (NYSE: HPQ) substantially changed its board. Four directors left and several, including former Ebay (NASDAQ: EBAY) CEO Meg Whitman, were added (Reuters) Paul Volcker will leave his...
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OPEC recently released its January Monthly Oil Report. The analysis by the economists for the Organization of the Petroleum Exporting Countries is that the need for crude this year has risen compared...
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Oil ministers from both Venezuela and Libya said they did not believe $100 oil prices would do any damage to the world economy. Libya’s minister believes that crude at $120 a barrel would not...
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OPEC meets this weekend. Output from the members of the cartel is about a third the world’s total which means these nations account for about 29 million barrels a day. OPEC ministers say they are...
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The price of a barrel of WTI crude oil reached $88.63 early today, a level it has not reached in more than two years. The price has dropped a bit since then, trading right around $88/barrel in the...
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OPEC is moving towards supporting $100 oil. Some of its members have already started to lobby aggressively to get the price to that level. There are a number of reasons, but the most immediate one is...
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Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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The US Energy Information Administration has released its latest Short-Term Energy Outlook, and it does little to raise the dim economic prospects for the rest of 2010 and 2011. The EIA has lowered...
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The US Department of Energy’s Energy Information Administration has released its August estimate of net revenue that the EIA expects to OPEC countries to earn in 2010 and 2011. The numbers don’t...
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