Posts Tagged ‘Price of Oil’
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
Petroleum returns to the 34 dollars
The price of the petroleum barrel has returned to surpass the 34 dollars in spite of world-wide fears on the weakness of the American economy, that continuous affecting the international prices of this commodity. Read the rest of this entry »
Tags: Market of Oil, Price of Oil
Petroleum falls of the 50 dollars
The collapse of the price of continuous petroleum this morning with the price of the barrel falling for the first time in long time of the 50 dollars by fears of which the economic crisis will continue affecting the demand. Read the rest of this entry »
Petroleum touches its floor of eight months
The price of petroleum arrived at its minimum in eight months, lowering of the barrier of the 90 dollars by barrel, affected by the speculation of which the increasing financial crisis will enlentecera the global economic growth and will cut the demand of crude anywhere in the world. Read the rest of this entry »
Tags: demada of oil, Market of Oil, Price of Oil
Petroleum does not find its floor
Demonstrating once again that all the sectors of the market will be affected by the increasing economic crisis, the Agency the International of Energia (IEA) has reduced considered his of growth in the demand of petroleum to the lowest level in 15 years. Read the rest of this entry »
Tags: demada of oil, Price of Oil, supply of oil