OPEC could gain clout if Angola wins entry: addition of rising exporter would mark Africa's rise as a global energy power
Article Abstract:
Angola has expressed interest in joining the Organization of the Petroleum Exporting Countries. Angola's petroleum output is rising, accounting for 1.6% of the world's daily total. If Angola joins OPEC, the cartel's international power could increase.
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, Angola, Exports, Supply and demand, Membership, Cartels
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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OPEC output boost doesn't seem likely: oil ministers still may cut production by reining in breaches of cartel's quota
Article Abstract:
OPEC officials have no current plans to boost production, maintaining higher oil prices. Concerns that a seasonal demand decrease may require curbing some members' overproduction that exceeds the OPEC-established quota.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
Production management, Commodity & service prices, Middle East, Prices and rates, Company pricing policy
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Comment about this article or add new information about this topic:
Subjects list: Petroleum industry, Organization of the Petroleum Exporting Countries, Petroleum
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