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Whatever OPEC Decides, Oil Supplies Are Rising From All Sides
2015-06-05 10:04:06| Energy - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Iran, Iraq and Libya said this week they plan to add millions of barrels to the market this year.
Tags: supplies
oil
sides
rising
Oil prices dip ahead of OPEC ministers meet to decide oil policy
2015-06-05 01:00:00| Offshore Technology
Oil prices declined on Friday as ministers of the Organization of the Petroleum Exporting Countries (OPEC) met in Vienna for a policy meeting.
OPEC changes approach to US shale oil
2015-06-04 12:17:47| Oil & Gas - Topix.net
The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale oil -- which it now welcomes as part of the global energy landscape. "Shale oil is a phenomenon that will stay with us.
Oil prices dip ahead of OPEC meeting on Friday
2015-06-04 01:00:00| Offshore Technology
Oil prices declined have fallen ahead of a key Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna to decide production volume.
Tags: friday
prices
meeting
oil
Exxona s Tillerson says OPEC not waging war on U.S. shale
2015-04-22 00:43:05| Chemicals - Topix.net
OPEC's refusal to curb oil production in response to the collapse in world crude prices is an attempt to find the most economic price for oil, not an attack on U.S. shale drillers, said Exxon Mobil's Chief Executive Officer Rex Tillerson. The Organization of Petroleum Exporting Countries is engaged in "a classic price-discovery exercise" after the revolution in shale-oil production turned global crude markets topsy turvy, Tillerson said Tuesday in a speech at the industry's annual IHS CERAWeek conference in Houston.
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