OPEC seeks soft landing for oil: with crude hitting $78.23, cartel pursues market calm and role of white knight
Article Abstract:
The Organization of the Petroleum Exporting Countries announced the decision to increase output limits to ease worries regarding the effects of high oil prices on economies worldwide. Crude futures are currently $78.23 per barrel, a rise of 28% for the year to date.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Production management, International aspects, Economic conditions
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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OPEC to lift output in policy shift
Article Abstract:
Organization of Petroleum Exporting Countries is planning approximately two percent more oil production, to sustain global economic recovery. However the United States benchmark price for oil rose $1.41 to $56.46 amidst concerns over supply.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
United States, Government expenditures, Market information - general, Middle East, Industry Overview, Supply and demand, Economic policy, Global economy
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Prices and rates, Petroleum industry, Organization of the Petroleum Exporting Countries, Company pricing policy
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