OPEC
The Organization of the Petroleum Exporting Countries is an intergovernmental organization made up of twelve oil producing nations.These are Iran, Iraq, Kuwait, Qatar, Saudi Arabia, the United Arab Emirates, Libya, Algeria, Nigeria, Angola, Venezuela and Ecuador. In May 2008 Indonesia decided to leave the organization.
OPEC Official site.
Related News
Oil prices neared $50 a barrel Tuesday amid signs OPEC is implementing its announced production cuts and as Israel's ground offensive in Gaza kept tensions high in the oil-rich Middle East. The gas dispute between Ukraine and Russia also caused gas prices to jump.
Tue, 06 Jan 2009 14:53:17 GMT
Oil prices remained above $48 a barrel Tuesday in Asia amid signs OPEC is implementing announced production cuts and as Israel's ground offensive in Gaza kept tensions high in the oil-rich Middle East.
Tue, 06 Jan 2009 12:07:36 GMT
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/0i-0fd=Rurl=http://www.google.com/hostednews/ap/article/ALeqM5iI0_Nx-kX9T4bC23ictCZgsdwQ0AD95HTFDG0cid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNGaQbF4De_MB1fyVjtlIoDf-dGxLQimg src=http://nt0.ggpht.com/news?imgefp=nG9WHPAUk9kJimgurl=www.google.com/hostednews/ap/media/ALeqM5hGaoDNnm0A1wn1leO81mhmP4XYTw width=41 height=80 alt= border=1brfont size=-2The Associated Press/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/0-0fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3DaipJ4mA112zs%26refer%3Dcanadacid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNHu37Zg7ZdtbSbyj769R0qbghjUYgOil Rises to 5-Week High Above $50 on bOPEC/b Cuts, Russia Dispute/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr4 hours ago/nobr/fontbrfont size=-16 (Bloomberg) -- Crude oil rose above $50 a barrel to a five-week high as Kuwait and Qatar indicated they will implement supply cuts announced by bOPEC/b last b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-1fd=Rurl=http://www.marketwatch.com/news/story/oil-tops-50-amid-opec/story.aspx%3Fguid%3D%257B4A9F9C79-366B-412D-BDE0-B077F9CAFF3E%257D%26dist%3Dmsr_10cid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNHvMxfojBo6B8FuAQWmlilV4vFtygFUTURES MOVERS Oil tops $50 amid bOPEC/b output cuts, Gaza fighting/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-2fd=Rurl=http://uk.reuters.com/article/marketsNewsUS/idUKN0635453920090106cid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNFzfeIqjSyzB7LGSAp_3N42I9yQUwNYMEX-Crude up on Russia fuel dispute, Gaza, bOPEC/b/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-3fd=Rurl=http://www.marketwatch.com/news/story/Crude-reverses-gains-demand-concerns/story.aspx%3Fguid%3D%257B14244113-7CC5-4D8D-B0D3-9ECFB855653B%257Dcid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNEaTdGvkTUjIapG2FA3yB5befWsVwCrude reverses gains as demand concerns outweigh bOPEC/b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/0-4fd=Rurl=http://www.marketwatch.com/news/story/oil-ends-lower-economic-concerns/story.aspx%3Fguid%3D4A9F9C79-366B-412D-BDE0-B077F9CAFF3E%26dist%3DSecEditorsPickscid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNHM7eADxOru8HmdcVnm2-_daJ868QnobrMarketWatch/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/0-5fd=Rurl=http://uk.reuters.com/article/marketsNewsUS/idUKN0544526420090105cid=1287540304ei=j9hjSYnTA93EmQe8hoj2Awusg=AFQjCNGNhdzj1B0k0T_8WZctvM4e57GhpAnobrReuters/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?hl=enie=ISO-8859-1ncl=1287540304nobrall 1,380 news articles/nobr/a/font/div/font/td/tr/table
Tue, 06 Jan 2009 17:37:33 GMT
