Posts Tagged ‘OPEC’
Petroleum surpasses the 130 dollars
In the morning of Wednesday all the markets awoke with the bad news, the price of the petroleum barrel has surpassed the 130 dollars, pushed by a combination of preoccupation of long term production and the reserves in the future near. (more...)Tags: Market of Oil, OPEC, Price of Oil, Production of Oil
OPEC maintains its industrial targets
The prices have fallen slightly from reaching their higher point in afternoon of Wednesday, reason why during a meeting of the producing majors of oil of the world, OPEC (Organization of Exporting Countries of Oil) has decided to maintain its levels of production without changes. (more...)Tags: OPEC, Price of Oil, Production of Oil
OPEC is scared and reduced the supply
According to the report of August of the Global Training center for Energia (CGES), the Organization of the Exporting Petroleum Countries will reduce the production of crude drastically. The objective is to restrain the reduction of the prices that comes more and more moving away from its historical maximum of 140.73 dollars by barrel, reached the 2 of past July. Read the rest of this entry »
The IEA waits for an important cut of OPEC
The Agency the International of Energia (AIE) has indicated that the next week the Organization of Exporting Petroleum Countries (OPEC) will have to realise an important cut in her petroleum production since hopes that the demand of crude is contracted for the first time in a quarter of century. Read the rest of this entry »
Tags: OPEC, Price of Oil, Production of Oil
Petroleum jumps 8% and surpasses the 40 dollars
The price of petroleum surpassed the 40 dollars in the first hours of Monday, jumping near 8% from the last session, after which the attacks between Israel and Hamas remembered the investors who these confrontations could threaten the reserves of crude in the Middle East. Read the rest of this entry »
Tags: Market of Oil, OPEC, Price of Oil, Production of Oil
After the cut petroleum falls to 37 dollars
Although all thought that with the recent cut in the daily production of OPEC we would see an increase in the price of petroleum, the reality is that the barrel of crude lowered until the 37 dollars, reaching a level nonseen from June of the 2004. Read the rest of this entry »
Tags: Market of Oil, OPEC, Price of Oil, Production of Oil
U$S 100.1 of petroleum find a OPEC divided and a terrified market
To a month and a half of the establishment of its last record, petroleum continues climbing in its bullish race. Today the price of barrel Texas the petroleum, of reference in the United States, reached US$ 100.1, whereas the European variant, the Brent, caressed its maximum of US$ 98.5, being placed in the US$98. Read the rest of this entry »
Tags: analysis of market, Economy and finances, Market of Oil, oil, OPEC, Price of Oil
Tension and uncertainty against the high prices of petroleum
Bad new with respect to petroleum. The bullish gust of wind of the prices seems to never finish. When the market begins to become stabilized, the new unforeseen expenses take to the international prices to release new and more important scaling. To this, the intransigent position of the Organization of Exporting Petroleum Countries is added that maintain their refusal to release an increase in the produced volumes as it forms to compensate the high reached prices. Read the rest of this entry »
Tags: analysis of market, Economy and finances, Market of Oil, OPEC, Price of Oil, Strikes
