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Finance > OPEC
The following information is about OPEC.
OPEC Defined
See: Organization of Petroleum Exporting Countries
This definition is in context to Finance. See more contextual defintions for OPEC.
Iran to study all factors before proposing oil cut
Published October 12, 2008, 3:47 am, The Globe and Mail
DUBAI (Reuters) - Iran says the recent steep slide in oil prices and worsening global financial crisis will be studied carefully before it makes a proposal on output reductions for OPEC, the Islamic Republic's OPEC governor said on Sunday.
CA-BUSINESS Summary
Published October 12, 2008, 3:47 am, The Globe and Mail
WASHINGTON/CANBERRA (Reuters) - Rich nations rushed to shore up the global financial system after the International Monetary Fund warned of meltdown, with Australia and New Zealand guaranteeing bank deposits and newspapers reporting plans for Britain's biggest retail bank rescue.
Iran to seek OPEC oil output cut - minister
Published October 12, 2008, 3:38 am, Khaleej Times
TEHRAN- Iran will push for a cut in oil output at an OPEC emergency meeting in November, its oil minister said in comments published on Sunday, after a week of falling crude prices.
Iran to study all factors before proposing oil cut
Published October 12, 2008, 3:34 am, Interactive Investor
Sun 12 Oct, 2008 10:21
(AFX UK Focus) 2008-10-12 10:00 Oil price fall an "alarm bell" - Iran cbank official
Published October 12, 2008, 2:35 am, Interactive Investor
TEHRAN, Oct 12 (Reuters) - The falling oil price is an "alarm bell" for Iran, the world's fourth-largest crude producer, a senior central bank official said in comments published on Sunday. Deputy Central Bank governor Hossein Ghazavi, echoing the comments of other Iranian officials, also said the financial crisis sweeping the world would only have a limited impact on Iran's economy, business ...
"˜I"™m a protector of the taxpayer"™
Published October 12, 2008, 1:40 am, The Petersburg Progress-Index
PETERSBURG — Former Gov. Jim Gilmore said yesterday that the federal government’s bailout plan was the wrong way to tackle the current financial meltdown.
Iran OPEC Head: Everybody Is Thinking About An Output Cut
Published October 12, 2008, 1:13 am, Nasdaq
TEHRAN -(Dow Jones)- Organization of Petroleum Exporting Countries could seek an output cut at their upcoming emergency meeting on Nov. 18 in Vienna to balance oil market supply and demand amid the unfolding global financial crisis, Iran's OPEC governor said Sunday.
(AFX UK Focus) 2008-10-12 08:31 UPDATE 1-Iran to seek OPEC oil output cut - minister
Published October 12, 2008, 1:04 am, Interactive Investor
TEHRAN, Oct 12 (Reuters) - Iran will push for a cut in oil output at an OPEC emergency meeting in November, its oil minister said in comments published on Sunday, after a week of falling crude prices. "At this meeting our country's request (for the Organisation of Petroleum Exporting Countries) to cut production and the members' crude quotas will be submitted," Oil Minister Gholamhossin Nozari ...
Iran calls for oil market stability
Published October 11, 2008, 11:22 pm, People's Daily
Iranian Oil Minister Gholam-Hossein Nozari on Saturday called for the stability of international oil market after a sharp crude price decline on Friday, Iran's English-language Press TV reported. "We should be after market stability," Nozari told reporters Saturday after the opening ceremony of an oil forum held in Tehran. "Because the stability of the market is important both for the producer ...
OPEC wants tighter controls over speculative oil trades
Published October 11, 2008, 3:48 pm, Channel NewsAsia
WASHINGTON : The OPEC cartel called Saturday for tougher regulations to reduce the impact of speculative investment in the oil market which it blames for the huge volatility in crude prices.
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Off-site OPEC Links, User Submitted
The following links have been collected through user bookmark submission in the OPEC category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Sun Oct 12
Fri Oct 10
- Oil prices plunge as troubled economy weakens global demand - Oct. 10, 2008: anxiety
- Ölpreis sinkt unter die 80-Dollar-Mark e | tagesschau.de: Die OECD-Staaten werden 2008 demnach im Schnitt 48,1 Millionen Fass pro Tag verbrauchen, teilte die IEA in Paris mit. Das seien 360.000 Fass weniger als bisher geschätzt und 2,2 Prozent weniger als im vergangenen Jahr. 2009 werde die Nachfrage der OECD-Staaten auf 47,5 Millionen Fass pro Tag schrumpfen. In Ostasien, dem Mittleren Osten und Afrika steigt der IEA zufolge der Ölverbrauch dagegen weiter. Die Wirtschaften der Schwellenlände r seien für die Finanzkrise weniger anfällig als die der westlichen Staaten.
Thu Oct 9
- Nation & World | As oil prices fall, OPEC calls emergency meeting | Seattle Times Newspaper: News report: now oil prices are dipping low enough, OPEC nations are worried that this will undercut their economies. 8 October 2008
Wed Oct 8
- OPEC members seek emergency meeting: "Almost half the members of the Opec oil cartel are considering an emergency meeting in Vienna next month as oil prices dropped to their lowest level in nearly a year."
- Donald Trump Says ? it's the price of oil that is to blame by Ruth MacGill ? stock market, bailout bill, causes | Gather
Mon Oct 6
- UNESCO - OPEC and UNESCO create AIDS project for twelve countries in Asia and the Arab world
- Saudis to ignore OPEC decision to cut production - International Herald Tribune
- Saudi Oil, OPEC's Ire
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Off-site Opec Research Links
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