opec « 5/8 « | Kippreport.com

UAE cites $80-$100 “reasonable” oil price

UAE oil min Hamli says $80-$100 oil is reasonable; UAE not cutting back on extra output yet

October 31, 2011 10:54

Qatar joins Mexico with oil hedge

Qatar hedges oil exports, brokers est 200,000 bpd; Mexico hedges bulk of its net exports

October 27, 2011 2:05

Kuwait government passes anti-corruption draft law

Kuwait's cabinet passed an anti-corruption draft law on Sunday, which includes articles on financial disclosure and money laundering, with penalties of up to seven years in prison, the state news agency KUNA reported.

September 26, 2011 2:19

Dubai 2010 real GDP up 2.8 percent, beats estimate

Economic growth up from June estimate of 2.4 percent; GDP shrank by 2.4 percent in 2009

September 25, 2011 10:03

OPEC recognises NTC as Libya representative

The OPEC now recognises the National Transitional Council as Libya's representative, OPEC Secretary General Abdullah al-Badri said on Monday.

September 19, 2011 11:10

Kuwait budget surplus rises to $15B April-May

Surplus accounts for 11.4 percent of GDP; Revenue 4.8 billion dinars vs spending of 648 million dinars

September 19, 2011 11:07

Iran official sees West’s troubles curbing oil price

Iran says international crude oil prices will not rise with the onset of the cold season due to the continuing global economic slump, state broadcaster IRIB quoted an official on Saturday as saying.

September 17, 2011 3:38

Dubai non-govt exports, re-exports up 16.5 pct in H1

Dubai's non-government exports and re-exports rose 16.5 percent in the first half of the year from a year earlier data showed on Wednesday.

August 3, 2011 2:32

IEA says further oil reserve release unlikely

IEA says further release from stockpile unlikely; No member countries proposed additional release; IEA to release statement in hours - Reuters

July 21, 2011 11:58

OPEC sees slower growth in 2012 oil demand

OPEC implies economic turbulence could shave current demand growth by 200,000 bpd, according to a Reuters report. So where’s this oil demand everyone’s (IEA and Saudi Arabia) talking about?

July 13, 2011 11:27

This is not a drill: oil-consuming nations find temporary relief in emergency stockpile

IEA’s decision to dip into its emergency oil stock was settled only three hours before being announced, following the ‘failed OPEC meeting’. Will its intended shockwave really create an impact?

June 29, 2011 11:52

Murky Waters: Is Saudi’s increased supply sullying OPEC stability?

With a deadlock decision at last week’s OPEC, Saudi’s increasing output, no matter what. That’s got us feeling like there’s more to the GCC’s story of keeping inflation at bay.

June 12, 2011 2:41

OPEC on the verge of a ‘break-up’; What is next for Yemen?; Bionic eye may be coming to a store near you; Meet South Korea’s Susan Boyle

The Saudi oil minister says OPEC meetings have been ‘the worst’ ever; Who’ll take plug Yemen’s political vacuum?; Scientists in Australia are accusing you of hearing things that aren’t there.

June 10, 2011 4:00