OPEC

Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) rose to 30.87 million barrels per day (b/d) in January from 30.83 million b/d in December. This leaves the organization overproducing its brand new production ceiling by 870,000 b/d, according to a just-released Platts survey of OPEC and oil industry officials and analysts.  

The Organization of the Petroleum Exporting Countries in its monthly market report for February found prices were moving up. This ... that it could do without Iranian crude oil. The International Energy Agency last year ordered member states ...  

The Organization of the Petroleum Exporting Countries and the U.S. Department of Energy’s Energy Information Administration don’t see eye to eye on world oil demand for this year. The cartel cut its 2012 demand expectations to 940,000 ...  

The EIA Short-Term Energy Outlook (STEO) for February 2012 included a chart for anticipated changes in production for countries outside OPEC over the next two years. Changes in liquid fuels production from NON-OPEC nations (EIA) (Note the change from January moves Mexico past Sudan where over 200 kbd have been shut-in through conflict, and that Russia is showing negative and is towards the back of the pack). In regard to Russian production...  

Nigeria's ability to meet its quota at the Organisation of Petroleum Exporting Countries (OPEC) is now in doubt as militants in the Niger Delta region have resumed hostility. They attacked an oil pipeline owned by Italian firm ENI and swore to inflict ...  

The Organization of Petroleum Exporting Countries (OPEC) has swept aside your target of what a fair price for oil should be. And perhaps, the worst miscreant in that coven of reprobates is Your own benighted subject, Saudi Arabia's Oil Minister, Ali al-Naimi.  

Top oil exporter Saudi Arabia has nominated a candidate for OPEC's next secretary general, a Gulf OPEC delegate familiar with the matter said, in a move that may reignite a quarrel over influence in OPEC between Gulf Arab nations and Iran.  

LONDON (Reuters) - OPEC oil output in January has hit its highest in more than three years, a Reuters survey found on Tuesday, as Gulf Arab producers showed little sign yet of lowering output to make way for rising Libyan supply. Supply from all ...  

Output was at the highest level since November 2008. The December total was revised higher by 50,000 barrels a day. OPEC decided at a Dec. 14 meeting in Vienna to increase its production ceiling to 30 million barrels a day, the first change in ...  

Iranian Oil Minister Rostam Qasemi has said that the global oil market is in a balanced situation and that members of the Organization of Petroleum Exporting Countries observe their production quotas, the Shana news agency reported. OPEC members reached ...  

Iraqi Oil Minister Abdul-Karim Elaibi said that while Iran's "enemies" have imposed various sanctions on the Islamic Republic, the 12-nation Organization of the Petroleum Exporting Countries' main focus should be protecting its members' interest and not ...  

HaaretzIraq Oil Minister in Tehran Says OPEC Must Avoid PoliticsBusinessWeekBy Ladane Nasseri Jan. 22 (Bloomberg) -- Iraq's Oil Minister Abdul Kareem al- Luaibi told Iran that the Organization of Petroleum Exporting Countries must avoid political considerations as crude is a strategic commodity affecting the world, ...Report: OPEC wants to stay out of politicsCBS Newsall 612 news articles »  

OPEC failed to reach a consensus on who would succeed Venezuela's Alvaro Silva. Iran, Saudi Arabia and Kuwait nominated ... (Reporting by Amena Bakr; additional reporting and writing by Alex Lawler; Editing by Richard Mably and Jane Baird)  

Much has been made of North America becoming energy independent over the next few decades thanks to Canadian oil sands and shale gas developments in the United States, and how that would rid the continent off Mideast and OPEC oil. Some analysts ...  

Also discussed during the meeting was the growing role of non-crude liquids in meeting demand growth; shifting of the geographical structure of demand and indeed production, refining capacity development and methodologies for assessing oil supplies.