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Created by dipity on Oct 24, 2008
Last updated: 01/04/11 at 07:05 AM
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The Daily Energy Report for Wednesday March 17, 2010 discusses the outcome of an OPEC meeting that discussed output targets, Oncor performing tests on digital meters after customers complained that the new meters were causing their bills to be higher, and Intel launches the Xeon Processor 5600 Series.
OPEC was expected to leave production output quotas unchanged at Monday's ministerial meeting in Luanda, but the planned increased in output from Iraq will pose the cartel with a problem.
OPEC ministers are meeting in Vienna today. Oil prices are falling in New York this morning ending three days of games after Saudi Arabia's minister says they don't need to cut production. (Bloomberg News)
Tracking Oil Prices - Analysis and Discussion with Fadel Gheit of Oppenheimer & Co. (Bloomberg News)
Energy stocks are weaker. Oil is hovering around $60 a barrel ahead of this week's OPEC meeting. (Bloomberg News)
In this clip some selected jurus (parts) of Silek / PMG = Sentak art movements are presented at the Opec Vienna. This event was an Opec meeting, under protection of the Secretary General of Opec and under supervision of Dr. Nafrizal Sikumbang. More information: www.pandeka.com -------------------------------------------------------------------- In diesem Clip werden einige jurus (Abschnitte) von Silek / PMG = Sentak Kampfkunst in der wiener Opec präsentiert. Diese Veranstaltung war ein Opec Fest, unter Ehrenschutz vom Generalsekretär der Opec und unter Supervision von Dr. Nafrizal Sikumbang. Weitere Informationen unter: www.pandeka.com
Young girl shows an potpourri with double swords of PMG = Sentak martial art movements at the Opec Vienna. This event was an Opec meeting in Vienna, under protection of the Secretary General of Opec and under supervision of Dr. Nafrizal Sikumbang. More information: www.pandeka.com --------------------------------------------------- Das junge Mädchen zeigt in der Opec Wien, ein Potpourrie an Bewegungen mit dem Doppeltschwert der PMG = Sentak Kampfkunst. Diese Veranstaltung war ein Opec Fest in Wien, unter Ehrenschutz vom Generalsekretär der Opec und unter Supervision von Dr. Nafrizal Sikumbang. Weitere Informationen unter: www.pandeka.com DISCLAIMER The following video contains Minangkabau / Sumatra martial arts moves performed by trained professionals like most qualified Pandeka or masters from Minangkabau .They teach or perform only with sharp knife / machete / sword, due the students are very careful and in full concentration in training and in performing. Do not attempt any of the martial arts techniques of this channel, unless in a fit state of health or with an qualified instructor. PaurehRaso is not liable for any persons violated. I hope you enjoy watching the videos on this channel. Thank you
Excerpt of interview with Ali al-Naimi, Saudi Arabia's Oil Minister with his outlook in the oil industry. (Bloomberg News)
Live! from Vienna an interview with Algerian Oil Minister Chakib Khelil with his outlook of the oil market and the OPEC meeting. (Bloomberg News)
Mar 15, 2009 recorded 18:00 GMT (Yes I shaved - it was driving me nuts!) All G20 members to join financial forum: www.ft.com www.ft.com G20 vows to restore lending, boost IMF funding: www.marketwatch.com G20:China:IMF Should Up Supervision Of Reserve Currency Econs: www.fxstreet.com Gnooze! Sub - she's great!!! www.youtube.com also - www.gnooze.com YT Video driving through Bushehr: (Thanks R) www.youtube.com Concerns About Iran's Nuclear Program Linger As Bushehr Prepares Start-Up : www.rferl.org Russia, Azerbaijan, Kazakhstan May Reduce Oil Supply: georgiandaily.com Russia wants closer links with OPEC uk.reuters.com Russia to cut oil exports, raise domestic consumption - Sechin: en.rian.ru Russia outlines plans to support oil prices: www.reuters.com Russia to become permanent OPEC observer: www.google.com Iran, China sign €2.6bn gas deal: www.presstv.ir Iranian oil bourse: en.wikipedia.org Russia, China sign $25 billion energy deal, China secures 20-year oil supplies: article.wn.com Russia, India, examining prospects for oil/gas projects: www.financialexpress.com Russia, Saudi Arabia agree on gas, oil cooperation: www.russiajournal.com Russia oil production overtakes Saudi Arabia: www.nzherald.co.nz Canada Tar Sands Oil Equals Saudi Arabia: macedoniaonline.eu Opec decides against further supply cuts: www.ft.com OPEC Agrees to Keep Oil Production Quotas Unchanged: www.bloomberg.com Saudi Arabia Leans on OPEC to Comply as Vienna Meeting Starts : www.bloomberg.com US energy ...
Excerpt
...said that the market was "not yet" balanced, indicating that supply was greater than demand on the eve of the crucial OPEC output meeting. "Is the market balanced between supply and demand? Not yet," he told reporters upon his arrival in Vienna, but admitted...
Source Info
Channel News Asia
Related Topics
http://www.channelnewsasia.com/stories/afp_world_business/view/415380/1/.html
Mar 14, 2009 - recorded 16:30 GMT **** Update Mar 16 - Jan 09 TIC data is here: www.treas.gov ********************************************** **** BTW - there is a 'linked' video the FKN News - caution, turn down the speakers before you click :) Reinhardt's Journal site: enterprisecorruption.com A Secret Message at Madoffs Palm Beach Home? (You need to create an account to login) www.wiredpirate.com Brown and Merkel insist G-20 will deliver: www.independent.co.uk OPEC hardliners hint at cuts on eve of meeting: www.google.com Four at Four: Yes, There Are Rallies: blogs.wsj.com Current TIC Report: www.ustreas.gov Mondays Report will be available here: www.treasury.gov 'Oz' also points at these things... SEC OKs Chicago Merc on swaps clearing: www.businessweek.com Clearinghouse set to open for credit default swaps: www.forbes.com Obama: Iran still represents a national emergency: www.examiner.com Federal Register: March 13, 2009 www.thefederalregister.com Iran dubs sanctions a childish lie: www.thenational.ae Iran dismisses 'childish' sanctions: english.aljazeera.net IRAN: LOOKING FOR WAYS TO CHANGE TEHRANS COST-BENEFIT ANALYSIS ON NUCLEAR ISSUE: www.eurasianet.org Preventing a Cascade of Instability: www.washingtoninstitute.org Naval standoff threatens US-China military relations: www.guardian.co.uk Iran, China sign $3.2 billion gas deal: www.iht.com Iran, China sign €2.6bn gas deal: www.presstv.ir Iran-China oil deal still irks US: www.presstv.ir Iranian oil bourse: en ...
Mar 13, 2009 recorded 18:30 GMT Remember everyone - Fridays are FDIC Fridays! Top political risks for 2009: docs.eurasiagroup.net Chinese political advisors propose making yuan an int'l currency news.xinhuanet.com Wen Voices Concern Over China's US Treasuries : online.wsj.com Venezuela Says OPEC Should Promote Non-Member Production Cuts: www.bloomberg.com US gasoline demand rises on cheaper prices: www.marketwatch.com Kymatica thecrowhouse.com GE Credit Rating Gets Cut By One Notch At S&P: money.cnn.com Legatus blogger: blog.catholic-convert.com The truth from little hawk www.youtube.com Nobel-prize winner backs world currency www.theaustralian.news.com.au Robert A. Mundell: nobelprize.org May 6-8 Meeting www.legatus.org Vatican to focus on Paul and the Holy Spirit this Lent: www.catholicnewsagency.com Greek terror group: Citibank attacked over crisis: finance.yahoo.com 2 arrested in FBI raid at Obama appointee's office: www.wtop.com Seven arrested over Amsterdam 'threat': www.independent.co.uk Debris forces space station to be cleared: www.independent.co.uk Cabinet chief: Obama team 'unreachable': www.independent.co.uk Lord Mandelson 'keeps finances secret using blind trust' : www.telegraph.co.uk G20 tensions high as summit approaches: www.telegraph.co.uk America is in urgent need of its own 'perestroika', says Gorbachev: www.telegraph.co.uk RBS avoided £500m of tax in global deals: www.guardian.co.uk The balance sheet: www.guardian.co.uk Naval standoff threatens US ...
Excerpt
...while Venezuela supports further cuts. Russian news agencies said Thursday that Vice Premier Igor Sechin would attend the OPEC meeting in Vienna and that his country supports the idea of trimming production. "It seems to be hard for OPEC to reach consensus...
Source Info
The Honolulu Advertiser
Related Topics
http://www.honoluluadvertiser.com/article/20090313/BREAKING/90313010/-1/RSS01?source=rss_breaking
Gennady Krasovsky, Head of Investor Relations at Lukoil, spoke with Business RT ahead of this weekends OPEC meeting in Vienna, about factors determining the demand outlook.
Hello, I am Geraldine Cols and you are watching Newsy.com. http://www.newsy.com With oil trading at nearly $ 40 a barrel will OPEC decide to cut production again on march 15th some analyst say with prices at this level. but Algeria Oil Minister today underscoring that saying with demand have fallen so steeply it is very likely we will see another cut." (CNBC) That was video from CNBC. Today we look at Chinas role in the recent rise of oil prices and what this means for next OPEC meeting. We ...
WONG: In todays Market Report auto and banking sector concerns weighed on Asian markets. Worries about the fate of General Motors hit Honda and other Japanese automakers, sending the broad Topix index to a 25-year low. Japan saw its biggest current account deficit on record in January as exports of cars and other products plunged. Financial sector weakness extended to Sydney, where top lender National Australia Bank and other banks declined. Crude climbed to near $47 a barrel ahead of the ...
http://www.azaditv.org - Shah of Iran interview regarding the OPEC meeting 1977. He talks about the west finding "new sources of energy" .
Jan. 30 (Bloomberg) -- Abdalla Salem el-Badri, secretary-general of the Organization of Petroleum Exporting Countries, talks with Bloomberg's Francine Lacqua about the outlook for oil prices and investment. They speak at the World Economic Forum meeting in Davos, Switzerland. (Source: Bloomberg) For more Bloomberg coverage from Davos see http://www.bloomberg.com
http://www.weforum.org 29.01.2009 Energy Outlook 2009 The price of oil doubled from 2007 to reach US$ 145 in the summer of 2008, only to collapse by over 50%. If current consumption trends are sustained, are we headed for a crisis as long-term investment strategies are reshaped by short-term energy economics? Ilham Aliyev, President of Azerbaijan Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries, India Abdalla Salem El Badri, Secretary-General, Organization of the ...
Iran says OPEC may cut production further at Vienna meeting in March; OPEC president says oil trend 'noy comfortable'; Report and analysis by Rebecca Mclaughlin-Duane of Bloomberg News
Excerpt
...the Organization of Petroleum Exporting Countries (OPEC) Mohammad Ali Khatibi said here on Sunday that Iran welcomed OPEC emergency meeting in February, the semi-official Fars news agency reported. "Iran welcomes an OPEC emergency meeting in February ahead...
Source Info
People's Daily Online
Related Topics
http://english.people.com.cn/90001/90777/90854/6566462.html
OPECs decision to cut output has supported crude prices according to the organizations President, Chakib Khelil. With leading energy producers meeting in Moscow, on Tuesday, he spoke with RTs Zinaida Medvedeva about the worlds energy markets.
The world's top gas exporting countries are meeting on Tuesday to create what's been dubbed the 'gas OPEC'. They claim they just want to stabilize prices which since the summer have almost halved. But observers warn members including Iran, Qatar and Russia plan to divide up the world's markets and create virtual monopolies.
Live! Coverage from OPEC Meeting in Oran, Algeria
Excerpt
...prices and could even become part of the oil cartel if membership were in Moscow's interests. Prior to the Wednesday meeting, OPEC members also held a preparatory meeting on Tuesday, with all parties narrowing their differences on the level of output quotas...
Source Info
Xinhua
http://news.xinhuanet.com/english/2008-12/17/content_10519201.htm
Excerpt
...the damaged world economy. Saudi Arabia was first to publicly support a reduction of 2 million barrels per day (bpd) ahead of Opec's meeting on Wednesday. That figure was swiftly endorsed by many of the group that pumps more than a third of the world's oil. 'We...
Source Info
TradeArabia
http://www.tradearabia.com/news/newsdetails.asp?Sn=OGN&artid=153771
Excerpt
...economist in Washington, said before al-Naimi’s comments. Russia, the largest producer outside OPEC, is attending Wednesday’s meeting and may act to help the group shore up prices. Russia sent OPEC a draft memorandum proposing “active information exchange”...
Source Info
Houston Chronicle
http://feeds.chron.com/~r/houstonchronicle/energy/~3/HcxmAGOT7pw/6167016.html
151st (Extraordinary) meeting of the OPEC conference
James Hughes picks the key levels that the FTSE needs to stay above to end the year on a brighter note, but he warns that with thin trading volumes anticipated over Christmas volatility could increase yet further. Meanwhile, the forthcoming OPEC meeting is key for the oil price and unless a production cut is announced a dip below $40 a barrel seems likely.
151st (Extraordinary) meeting of the OPEC conference
Excerpt
...up the price of the cartel's commodity appears to be working. OPEC President Chakib Khelil, of Algeria, gestures during an OPEC meeting in Oran, western Algeria, Monday Dec. 15, 2008. The Organization of Petroleum Exporting Countries, OPEC, which accounts...
Source Info
Centre Daily Times
http://www.centredaily.com/business/story/1016227.html
24 Oct 2008 New Zealanders enjoying cheaper petrol prices over the holiday weekend, may find that they don't last too long as OPEC meet to discuss supply.
OPEC ministers are meeting in Cairo to discuss the recent fall in oil price as Saudi Arabia identifies a price target per barrel of oil for the first time in years. The Organization of Petroleum Exporting Countries (OPEC), which accounts for 40% of global oil production, cut output by 1.5 million barrels a day last month, but the move failed to stop prices from declining. http://sharewave.org
Even oil salesmen face economic cutbacks. Watch Air Farce Fridays at 8pm.
Excerpt
...oversupplied. It is premature to judge the recent curtailment of OPEC production. "We keep watching its impacts on the market. OPEC meeting in Algeria will decide on the oil production in light of the assessment of the results of the last cut and the reports...
Source Info
Middle East North Africa Financial Network
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093220994
Oil prices have continued to fall this week, despite last week's emergency OPEC meeting where members of the oil cartel agreed to cut production by 1.5 million barrels a day. Prices now are around half what they were at their peak earlier this year. But what does that fall in prices mean for oil producing countries? Can they balance their books despite the lower oil revenues? Ben Thompson has been finding out.
The same as always...This video is about Russia and the price of fuel. It is interesting... Links: http://www.usatoday.com/money/industries/energy/2008-10-24-opec-meeting-oil_N.htm
An emergency meeting was held by OPEC to halt tumbling oil prices. A decision to reduce the supply of oil was agreed upon but, as Sheila MacVicar reports, it may not be adhered by officials.
OPEC Announces Big Production Cuts Oil prices plunge nearly $5, to $63 a barrel, even while OPEC shows "solidarity" by announcing a 1.5 million-barrel-per-day production cut By Stanley Reed Through the nine years of ever-increasing oil prices, OPEC snoozed, faintly uneasy with the damage high prices were doing to its customers' economies but content to reap the windfall. Now, with prices having fallen by close to 60% from their July peak of $147 per barrel, the Vienna-based organization is ...
OPEC said it will slash oil production by 1.5 million barrels a day to stop tumbling crude prices, but the cost for a barrel of crude still plummeted. (Oct. 24)
OPEC said it will slash oil production by 1.5 million barrels a day to stop tumbling crude prices, but the cost for a barrel of crude still plummeted. (Oct. 24)
OPEC said it will slash oil production by 1.5 million barrels a day to stop tumbling crude prices, but the cost for a barrel of crude still plummeted. (Oct. 24)
OPEC said it will slash oil production by 1.5 million barrels a day to stop tumbling crude prices, but the cost for a barrel of crude still plummeted. (Oct. 24)
Excerpt
...(Reuters) - An emergency OPEC meeting on Friday was expected to cut production by at least a million barrels per day as a first step towards halting a deep price slide. International benchmark U.S. crude has slumped by more than 50 percent from a record high...
Source Info
Reuters South Africa
http://africa.reuters.com/world/news/usnTRE49N1JU.html
With the oil price plummeting below $60 barrel, Opec ministers are on their way to Vienna for an emergency meeting. Iran wants OPEC to cut production by 2 million barrels a day - this is a massive cut - the last one was only half a million barrels. Al Jazeera's Nicole Johnston spoke to Abdullah Bin Hamad al-Attiyah, Qatar's Opec Minister, about the tumbling price of oil.
10-23-2008
RTs Spotlight programme discusses the current state of the oil industry with OPEC Secretary General Abdullah Al-Badri. He believes the financial crisis is affecting the market and that OPEC plans to appeal for help from non-member countries to stabilise prices.
Yeah, so the economy is in the crapper. le sigh. crude sunk under 70 bucks and is under 3 dollars a gallon. le...wait, WHAT? HELL YES! yeah, its almost like a double edged sword. market sucks, oil prices seem to have gone back to some better prices. market skyrockets, the price of oil has a good chance of doing the same. le sigh. which is really better? OPEC has a meeting this friday. They are a business, so losing profits is BAD. however, i plead: manageable prices in the market will increase demand, which will give the companies all the reason in the world to raise prices. but for now, LEAVE GAS PRICES ALONE!!!!!1111!!! and if anyone makes a Chris Crocker video saying "leave gas prices alone"...kill yourself. but before you do, video comment it to this video. :)
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