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Showing 11 - 17 of 17 results for "Organisation of Petroleum Exporting Countries"

The good oil

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2008
... even China is feeling the pinch. Slower economic growth equals less oil demand. The Organisation of Petroleum Exporting Countries (OPEC) tried to stem the slide in their most precious commodity by announcing a cut in production by 1.5 million barrels ...

Oil on slippery slope?

BENJAMIN ONG  |  THURSDAY, 11 SEP 2008
... indicates that further declines are in store. Concern over the global outlook and the Organisation of Petroleum Exporting Countries' (OPEC) decision not to cut back its production target outweighed reports of a fall in US oil inventories and that Hurricane ...

PM's wrong and right oil strategy

ALEX DUNNIN  |  TUESDAY, 10 JUN 2008
... Australia and the world economy, wants this month's G8 Summit in Japan to strong-arm the Organisation of Petroleum Exporting Countries (OPEC) into increasing supplies which should lead to oil price falls. But Australia making up a meagre one per cent ...

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

... US consumer spending, helping to contain inflation. In Vienna, ministers of the Organisation of Petroleum Exporting Countries (OPEC) will meet to discuss oil production. With the high price of crude oil in international markets persisting, calls for ...

Market wrap

AAP  |  TUESDAY, 15 MAR 2005
... today, helped by strength in US stocks overnight despite higher oil prices. The Organisation of Petroleum Exporting Countries has indicated it will likely lift oil production by 500,000 barrels a day if prices stay at current levels. On the local front ...

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

... States stocks after an OPEC announcement fuelled concern about energy prices. The Organisation of Petroleum Exporting Countries' overnight decision to cut its oil output from November 1 is likely to result in increased energy costs in the US and other ...
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