Topic: Opec

By any yardstick, Nigeria, Africa's most populous nation, should be black Africa's glittering success story. A member of the Organization of...

OPEC wants to stay out of Iran-West spat

OPEC's acting president said the producer group should stay out of political battles, Iran's official IRNA news agency reported Sunday, an apparent...
President Barack Obama made a pitch for continued federal support of energy research during Tuesday night's State of the Union address.. . The...

OPEC Going Green

At the triennial World Petroleum Congress in Qatar, a handful of representatives from Middle Eastern OPEC nations have indicated that their...

Thanksgiving »

Thanksgiving is one of the few national holidays which is distinctly American - although, there is a “Turkey Day” in Canada, too. The date of the...
Saudi oil minister Ali al-Naimi said some OPEC producers may limit output because of increases from Libya. . “The Twilight Saga:...

OPEC Cuts Demand Forecast

The Organization of Petroleum Exporting Countries cut its global oil demand forecast for the year today. The oil cartel said it now expects oil...
Here's a bit of good news — too late for Libya, but maybe in time for Iran. Regimes we don't feel obliged to buy oil from today, we may not feel...
Last week, I suggested “it's not the oil, stupid” to counter the widespread fallacy that “it's the oil, stupid.” The (latter) phrase is Noam...

Oil Prices Surge Amongst OPEC Discord

A standoff at OPEC's meeting resulted in the group failing to raise oil production levels- causing market prices to spike.. . "Oil Prices Surge...