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Showing 11 - 20 of 24 results for "Petroleum Exporting Countries"

Australian market to open lower

AAP  |  FRIDAY, 5 JUN 2015
... are looking ahead to the May US jobs report and a policy announcement from the Organization of the Petroleum Exporting Countries. Both are scheduled for Friday. LONDON - European stock markets have slumped over a lack of progress in negotiations between ...

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
... auto sales, the May jobs report and meetings of the European Central Bank and Organisation of the Petroleum Exporting Countries. Dow member Microsoft rose 0.8 per cent after announcing it will begin selling its Windows 10 operating system on July 29. ...

Market wrap PM

STAFF WRITER  |  MONDAY, 1 DEC 2014
... Friday, market indices were mixed as energy-related stocks were hammered, after the Organisation of Petroleum Exporting Countries (OPEC) decided not to cut production from 30 million barrels a day in response to crude prices, which have shed more than ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
... stocks were punished on weaker oil prices. The selloffs came after the 12-nation Organisation of Petroleum Exporting Countries (OPEC) on Thursday maintained its collective output ceiling at 30 million barrels per day, where it has stood for three years ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ...

Market Wrap AM

AAP  |  FRIDAY, 28 NOV 2014
... points to 24,004.28 on turnover of HK$72.888 billion (US$9.4 billion) ahead of an Organisation of the Petroleum Exporting Countries (OPEC) decision on quotas and after an unexpected drop in Chinese industrial profits. Coming in at its highest close in ...

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 ...

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
... downward pressure on energy consumption. World oil demand, according to the Organisation of the Petroleum Exporting Countries (OPEC) will fall by 1.20 percent this year from 1.28 percent. In other news, US industrial production increased by 0.5 percent ...

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 ...