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Wednesday, October 22, 2008
New Zealand Herald, New Zealand -
Solomone Fifita, Manager of the Pacific Islands Greenhouse Gas Abatement through Renewable Energy Project (PIGGAREP) based at the Secretariat of the Pacific Environment Program (SPREP) agrees. "If one has to look at the outcome of the Pacific Leaders Forum meeting ... -
Wednesday, October 22, 2008
Reuters South Africa, South Africa -
By Chris Baldwin NEW YORK (Reuters) - Oil dropped 7 percent, Wednesday, touching a new 16-month low as rising US fuel inventories and a jump in the dollar ... -
Wednesday, October 22, 2008
Forbes, NY -
VIENNA, Oct 22 (Reuters) - Oil stocks are high and some OPEC member countries are finding it hard to sell their oil, OPEC President Chakib Khelil said on Wednesday ahead of the group's Friday meeting. 'The stocks ... -
Wednesday, October 22, 2008
AFP -
NEW YORK (AFP) — Crude oil prices careened lower Wednesday after surging US energy reserves highlighted falling demand in a cooling global economy, and ahead of an OPEC financial crisis meeting. A sharp rise in the dollar also put pressure on ... -
Wednesday, October 22, 2008
MarketWatch -
By Myra P. Saefong, MarketWatch SAN FRANCISCO (MarketWatch) -- Members of the Organization of the Petroleum Exporting Countries saw fit to schedule an "extraordinary" meeting this Friday after seeing oil prices drop more than 50% in three months. ... -
Wednesday, October 22, 2008
Wall Street Journal Blogs, NY -
Pity poor OPEC. The oil cartel meets in Vienna Friday to try to figure out how to get the toothpaste back in the tube, as it studies a production cut that can halt crude oil?s price slide. Saudi oil minister Ali Naimi ... -
Wednesday, October 22, 2008
CNN -
The cartel will soon be reminded just how hard it can be to control oil prices during a global economic slowdown. By Aaron Smith, CNNMoney.com staff writer Last Updated: October 22, 2008: 4:45 PM ET ... -
Wednesday, October 22, 2008
Scotsman, United Kingdom -
ALARM over plunging oil prices has muted the gloating by Iranian leaders that the global financial meltdown is humbling the "arrogant, ... -
Wednesday, October 22, 2008
Bloomberg -
By Mark Shenk and Samantha Zee Oct. 23 (Bloomberg) -- Crude oil was little changed after falling more than $5 a barrel to a 16-month low yesterday as weakening fuel consumption outweighed prospects of a production cut by OPEC at a meeting this week. ... -
Wednesday, October 22, 2008
Financial Times, UK -
By Carola Hoyos in London Opec is expected on Friday to decide to slash production as the oil cartel faces its biggest test in more than a decade. But newly released data reveal that the cartel's vastly divergent economic circumstances will make the divided group's decision of ...
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Wednesday, October 22, 2008
Financial Times, UK -
By Abeer Allam in Cairo Oil prices have halved to $70 a barrel from July's high of almost $150 a barrel, but Saudi Arabia, Opec's most influential member, ... -
Wednesday, October 22, 2008
THISDAY, Nigeria -
By Chika Amanze-Nwachuku and Ejiofor Alike with agency report, 10.23.2008 Crude oil prices dropped below $68 a barrel yesterday, ahead of tomorrow’s meeting ... -
Wednesday, October 22, 2008
Straits Times, Singapore -
OIL prices moved higher in Asian trade on Thursday on the eve of an Opec meeting expected to see the cartel announce plans to cut production, dealers said. ... -
Thursday, October 23, 2008
The Age, Australia -
Crude oil rose in New York, rebounding from a 16-month low, before a meeting of the Organization of Petroleum Exporting Countries to discuss production cuts . OPEC may cut output by more than the expected 1 million barrels a day predicted by analysts ... -
Thursday, October 23, 2008
Bloomberg -
By Christian Schmollinger Oct. 23 (Bloomberg) -- Crude oil rose in New York, rebounding from a 16-month low, after Iran said OPEC should cut production by 2 million barrels a day to stem the slump in prices. ... -
Thursday, October 23, 2008
Globe and Mail, Canada -
CALGARY -- The threat of a deeper recession triggered by the global financial crisis has pushed oil prices to a low not seen for 16 months, destabilizing the economics of new energy projects around the world. Crude prices fell $5.43 (U.S.) to ... -
Thursday, October 23, 2008
Forbes, NY -
VIENNA, Oct 23 (Reuters) - OPEC needs to cut its oil output by 2 million barrels per day when it meets on Friday, Iranian Oil Minister Gholamhossein Nozari told reporters on Thursday. 'I think about 2 million ... -
Thursday, October 23, 2008
AFP -
VIENNA (AFP) — OPEC ministers began arriving here Thursday on the eve of a key meeting at which the cartel is set to cut its oil output, to help lift crude prices hit by a drop in demand caused by an economic slowdown. Iran's oil minister said on arrival ... -
Thursday, October 23, 2008
RTE.ie, Ireland -
Oil prices edged higher today, but held near 16-month lows on the eve of an OPEC meeting that was widely expected to see the crude producing cartel announce plans to cut output. The market had slumped yesterday, mainly on news that demand for crude ... -
Thursday, October 23, 2008
The Times, South Africa -
SINGAPORE - Oil prices moved higher in Asian trade Thursday as key Opec member Iran pressed for production cuts on the eve of the cartel’s meeting in Vienna ...
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