Wednesday, April 27, 2011

OPEC oil prices rises ahead of possible production cuts


OPEC

OPEC oil price dips below 40 dollars

 
OPECThe price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) inched below the 40-dollar mark Tuesday, the Vienna-based cartel said Wednesday.

OPEC oil prices rises ahead of possible production cuts

 
OPECThe price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to rise Friday, ahead of a meeting of the cartel on December 17, at which production cuts are expected to be discussed.

OPEC oil price drops after delayed decision on output cut

 
OPECThe price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped by 1.65 dollars Monday after the cartel deferred a decision on lowering production quotas at the weekend.

OPEC says oil price drops 4 dollars

 
OPECThe oil cartel OPEC said Friday that the price of its oil fell by over 4 dollars per barrel on Thursday, slipping to the lowest level since early 2007.
The Vienna-based Organisation of Petroleum Exporting Countries said its basket of 13 crudes averaged 54.89 dollars per barrel, compared with Wednesday's 58.94 dollars.

OPEC oil price rises more than one dollar

 
OPEC said Thursday that the price of its oil had risen by more than one dollar on Wednesday, reaching 58.94 dollars per barrel. The day before the price was 57.77 dollars.

OPEC crude price starts the week up at 59.03 dollars

 
OPECThe price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose to 59.03 dollars at the start of the week, the oil cartel said Tuesday.
One barrel (159 litres) of OPEC crude rose by 1.60 dollars on Monday from 57.43 dollars on Friday.

OPEC crude price falls to 57.65 dollars

 
The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to 57.65 dollars Friday, the oil cartel said Monday.

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