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Showing 91 - 99 of 99 results for "OPEC"

Daily economic round-up

PETER BELL  |  MONDAY, 11 SEP 2006
... has four such operations. It found oil in 1996 in Bangladesh's Sanghu region and is also looking in Nepal. In the next day OPEC ministers from eleven member states representing about 40 per cent of global production will meet to discuss pricing and policies ...

Weekly economic roundup

... favour of the more market moving decisions by the US Federal Reserve and by the Organisation of Petroleum Exporting Countries (OPEC). Last week, the US Federal Reserve's Federal Open Market Committee (FOMC) also voted to raise interest rates by 25 basis ...

Economic roundup

... skilled vacancies index and motor vehicle sales, will all play second fiddle to decisions made in the US and in Vienna (where OPEC is meeting). In the US, the Federal Reserve will hold its regular Federal Open Market Committee (FOMC) meeting to deliberate ...

Oil hits record high as Yukos told to stop sales

AAP  |  THURSDAY, 29 JUL 2004
... international supplies. The news intensified concerns over the lack of spare capacity in the international oil system, as the OPEC cartel pumps at its highest level for a quarter of a century to meet strong global demand growth. US light crude settled ...

Afternoon market wrap: All Ords follow US lead downwards

... expected, the All Ordinaries followed the lead by its US counterparts in Wall Street as indices dipped lower due to the sudden OPEC decision to reduce oil supplies by 3.5 per cent and send oil prices higher. The decision by OPEC is unlikely to have any ...

Sudden OPEC move unlikely to impact Australia negatively: ICAP

The sudden 3.5 per cent or 900,000 barrels per day cut in oil supply announced by the OPEC is unlikely to have a major impact on Australian consumers. In an exclusive interview with the Financial Standard, ICAP chief economist Dr Ric Simes has said ...

Midday market wrap: All Ords lower at noon after OPEC news

The Australian sharemarket remained lower at noon, still affected by a fall in United States stocks after an OPEC announcement fuelled concern about energy prices. The Organisation of Petroleum Exporting Countries' overnight decision to cut its oil ...

Morning market wrap: Wall Street hit by OPEC cut in supply

Higher energy prices, as OPEC cut back 3.5 per cent of its supply, have adversely-affected Wall Street as the Dow Jones fell 150.53 points or 1.6% of its value. The Nasdaq also fell, by 58.02 points or 3.15% in trading overnight. The FTSE-100 has managed ...

Morning market wrap: Dow Jones edges higher

... in the costs of conflict well ahead of the actual commencement of hostilities, and supply fears have also been soothed by OPEC's promise to cover any shortages caused by a disruption to Iraqi oil deliveries. All Ordinaries: 2835.80 (+0.00) Dow Jones ...