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Petroleum Futures Were Slightly Bearish Monday,with ICE July Brent Settling 2 Cents Lower
May 29, 2013Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and markets rangebound for the most part because of holidays on both sides of the Atlantic. Electronic trading ...
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a New Rivalry at The Top of The Organization of The Petroleum Oil Group Has Emerged
Dec 21, 2012A new rivalry at the top of the Organization of the Petroleum Exporting Countries oil group has emerged, pitting up and coming Iraq against undisputed cartel heavyweight Saudi Arabia. Having overtaken Iran as OPEC's second biggest producer, ...
Tags: oil, Petroleum Exporting, Petroleum, oil prices
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OPEC Ministers Have Failed to Agree on a New Secretary General
Dec 17, 2012By John Lee. OPEC ministers have failed to agree on a new secretary general and have asked Abdalla el-Badri to stay in the post for another year. Four countries had been competing for the job — Saudi Arabia, Iran, Iraq and Ecuador ...
Tags: OPEC, secretary general, audi Arabia, Iran, Iraq, Ecuador
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OPEC Ministers Gathering in Vienna Have Two Tasks Ahead of Them on Wednesday
Dec 13, 2012OPEC ministers gathering in Vienna have two tasks ahead of them on Wednesday: fix crude output policy for the year ahead and appoint a new secretary general to succeed the outgoing Abdalla el-Badri. While the 12-member group appears ...
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MNA Reported That Iran's Oil Revenues During The Iranian Calendar Year of 1390
Dec 7, 2012MNA reported that Iran's oil revenues during the Iranian calendar year of 1390 which ended on March 19th 2012 amounted to USD 118 billion. And the Islamic Republic's oil revenues during the first quarter of the current Iranian calendar year ...
Tags: oil revenues, oil export, OPEC governor, OPEC