Chevron Reports Third Quarter Net Income of $7.9 Billion

Sunday, November 2nd, 2008

Up From $3.7 Billion in Third Quarter 2007Upstream earnings of $6.2 billion increase $2.8 billion on sharply higher prices for crude Downstream profits of $1.8 billion recover from depressed level a ...


Continuation of high-level dialogue between OPEC and Russia

Friday, October 24th, 2008

HE Dmitry Medvedev, President of the Russian Federation and HE Abdalla Salem El Badri, Secretary General of the Organisation of Petroleum Exporting Countries (OPEC) met on 22nd October, 2008, in ...


OPEC’s 150th (Extraordinary) Meeting ends in Vienna, Austria

Friday, October 24th, 2008

The 150th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened at OPEC Headquarters, Vienna, Austria, on 24 October 2008, under the Chairmanship of ...


OPEC Conference

Wednesday, September 10th, 2008

The 149th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Vienna, Austria, on 9th and 10th September 2008, under the Chairmanship of its ...


ExxonMobil Response to Recent Statements by Democratic National Committee

Monday, August 11th, 2008

Energy is vital to the U.S. and the global economy and touches nearly every aspect of daily life. The issues surrounding America’s energy future deserve to be debated openly and honestly ...


OPEC blames Oil Prices on Speculators again

Tuesday, June 24th, 2008

Record oil prices are due to speculative investors, the sub prime crisis and geopolitics and not the result of a supply shortage according to OPEC President, Chakib Khelil.He was quoted ...


OPEC basket of thirteen crudes

Thursday, April 24th, 2008

The price of OPEC basket of thirteen crudes stood at 111.14 dollars a barrel on Wednesday, 23/4/08, compared with $109.92 the previous day, according to OPEC Secretariat calculations.   ISSUERS OF NEWS ...


OPEC daily basket price stood at $109.92 a barrel Tuesday, 22/4/08

Wednesday, April 23rd, 2008

Vienna, 23 Apr. 08--The price of OPEC basket of thirteen crudes stood at 109.92 dollars a barrel on Tuesday, compared with $108.93 the previous day, according to OPEC Secretariat calculations.   The ...


OPEC daily basket price stood at $103.74 a barrel Thursday, 10/4/08

Sunday, April 13th, 2008

Vienna, 11 Apr. 08--The price of OPEC basket of thirteen crudes stood at 103.74 dollars a barrel on Thursday, compared with $102.38 the previous day, according to OPEC Secretariat calculations.   The ...


OPEC daily basket price stood at $96.47 a barrel Wednesday, 2/4/08

Thursday, April 3rd, 2008

Thursday, 3 April 2008 Vienna, 3 Apr. 08--The price of OPEC basket of thirteen crudes stood at 96.47 dollars a barrel on Wednesday, compared with $95.75 the previous day, according to ...


OPEC daily basket price stood at $102.88 a barrel Friday, 14/3/08

Monday, March 17th, 2008

Vienna, 17 Mar. 08--The price of OPEC basket of thirteen crudes stood at 102.88 dollars a barrel on Friday, compared with $102.39 the previous day, according to OPEC Secretariat calculations. The ...