Oil supply is likely to remain tight; OPEC ministers weigh deferred production cut, which could baffle markets
Article Abstract:
The Organization of the Petroleum Exporting Countries is expected to reduce production again, although probably not until February 1, 2007. The cartel's policy is to tighten supply in order to elevate prices.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Market information - general, Production data, Africa, Supply and demand, Cartels
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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OPEC to cut output to sustain oil prices: cartel's daily production would fall by about 9%; move draws U.S. rebuke
Article Abstract:
OPEC has proposed the removal of 2.5 mil barrels of oil per day from production to maintain oil prices, totaling about 9% of current output. US officials believe such a move would undermine the US economy.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
Commodity & service prices, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Prices and rates, Petroleum industry, Middle East, United States economic conditions, Comparative analysis, Company pricing policy
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Subjects list: Production management, Organization of the Petroleum Exporting Countries, Petroleum
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