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Organization of the Petroleum Exporting Countries
The Organization of the Petroleum Exporting Countries is an intergovernmental organization made up of 13 oil producing nations.

OPEC - Wikipedia, the free encyclopedia
Although a supplier of oil, Britain is not one of the OPEC countries since they are all at odds with the old colonial powers who controlled the oil industry in its early stages.

Libya Says Demand for OPEC Oil May Fall in 2010 ...
Demand for OPEC oil may fall in 2010 even as the global economy improves because non-members will meet potential consumption increases, Libya’s top oil official said.

FT.com / Companies / Oil & Gas - ‘Perfect’ oil ...
Dispute simmers beneath surface at cartel’s meeting ... ‘Perfect’ oil price disguises Opec divisions. By Carola Hoyos in Vienna Published: March 15 2010 22:54 | Last updated ...

OPEC Expands Oil Rig Drilling the Most Since 2007 ...
OPEC is increasing oil drilling at the fastest rate in 2 1/2 years, even as production exceeds its quotas by the equivalent of a supertanker of crude a day and delegates prepare to ...

OPEC
OPEC News and analysis on Oil, Energy, Fuel, Petrol, Gas, Petroleum, Power and more. Searchable news in 44 languages from WorldNews Network and Archive

1973 oil crisis - Wikipedia, the free encyclopedia
The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the Arab members of OPEC, plus Egypt, ...

Fitful world economy, plentiful supplies leave OPEC oil ...
VIENNA (AP) — With U.S. demand for oil lackluster, even traditional OPEC price hawks like Iran and Venezuela are happy with present prices near $80 a barrel as they head ...

OPEC has little wiggle room at upcoming meeting ...
With U.S. demand for oil lackluster, even traditional OPEC price hawks like Iran and Venezuela are happy with present prices near $80 a barrel as they head into Tuesday's meeting ...

www.opec.org
The new OPEC Reference Basket (ORB), introduced on 16 June 2005, is currently made up of ... What is crude oil? Crude oil is a naturally-occurring substance found trapped in certain ...

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Washington Post

Crude steadies below $80 as traders eye Fed, OPEC Reuters SINGAPORE (Reuters) - Oil steadied below $80 a barrel on Tuesday after a fall of nearly 2 percent in the previous session, its biggest one-day fall in more ... Oil plummets amid renewed uncertaintyCNNMoney.com Saudi Oil Minister Sees No Need to Alter OPEC Production NowBusinessWeek OIL FUTURES: Oil Drops To 2-Week Low On Caution Over EconomyWall Street Journal The Associated Press -MarketWatch -Wall Street Journal all 845 news articles »

Aljazeera.net

Militants threaten oil industry after double car bombing Independent Nigerian militants detonated two car bombs outside a government building in the southern oil city of Warri yesterday, ... Q+A-The implications of bomb attacks in Nigeria's oil deltaReuters Nigeria Oil City Hit by Explosion After Rebel WarningBusinessWeek Car bombs hit Nigeria oil cityAljazeera.net AFP -CNN International -Financial Times all 374 news articles »

China Daily

Deal for Oil Fields Extends China's Quest for Energy New York Times (blog) Cnooc, China's top offshore oil explorer, said on Sunday that it had secured a South American beachhead by agreeing to pay $3.1 billion in cash for a stake ... Chinese oil firm buying 50% stake in Argentine groupBBC News CNOOC gets LatAm foothold with $3.1 bln Argentina dealReuters China Eyes South American Energy, Food With Bridas DealMarket News International tce today -BusinessWeek -Financial Times all 332 news articles »

Toreador 4Q loss narrows as oil prices rebound The Associated Press PARIS — French energy company Toreador Resources Corp. said Monday that its fourth-quarter loss narrowed to $5 million as rising oil prices partially offset ... Toreador Resources Q4 oper loss widens; shares downReuters all 89 news articles »

US Stocks' Slump Led By Energy Shares, Hurt By Oil Price Drop Wall Street Journal Energy stocks led the broader market lower Monday as oil prices fell below the key $80-per-barrel level, hurt by a rally in the dollar and ... Big Oil's new weak spot: the refining businessMarketWatch US Stocks Slip As Dollar Rises, Lower Oil Prices Hurt EnergyWall Street Journal all 32 news articles »

Auburn Journal

Gas prices rise for third week; oil at $80 Providence Business News Crude oil fell as much as 80 cents, or 1 percent, to $80.44 a barrel in electronic trading Monday on the New York Mercantile Exchange, Bloomberg News ... Phila.-area gas prices creeping up | Philadelphia Inquirer | 03/15/2010Philadelphia Inquirer Gasoline prices rise slightly at pumpLos Angeles Times Gas prices climbing toward $3 a gallonBaltimore Sun (blog) Wall Street Journal -Reuters UK -Tampa Tribune all 145 news articles »

Tanker company agrees to pay fix-it costs for 2004 oil spill Seattle Post Intelligencer An oil slick from the Dalco Passage spill gathers near the Tahlequah ferry on the south end of Vashon Island on Oct. 14, 2004. ... ConocoPhillips unit to pay $588K for 2004 Tacoma oil spillBizjournals.com Oil company to pay $588000 to settle spill claimBusinessWeek ConocoPhillips to pay extra $588000 for 2004 spillSeattle Times Business Examiner (blog) all 41 news articles »

In-Forum

Regulators Snoozed While Oil Company Expanded Drilling Operations in the Heart ... Natural Resources Defense Council (blog) State and local regulators were asleep at the wheel when Plains Exploration and Production Company (PXP) embarked on a huge expansion of oil drilling ... Still Drilling on Planned Baldwin Hills Park Land, Despite Shady RegulationCurbed (blog) Regulators accused of lax oversight at LA oilfieldThe Associated Press all 292 news articles »

Cnooc's Fu Turns to Oil Ventures Abroad After Unocal BusinessWeek Chinese companies spent a record $32 billion last year to buy oil fields, coal and metal mines in Africa, Asia and Australia, raising concerns they are ... The Chinese Behemoth That is (Not-So) Secretly Buying Up the World's Oil ReservesStreetAuthority Top stories of the day: China Oil and Gas-Mar. 15Trading Markets (press release) all 12 news articles »

Judge denies defense motion in oil lease case KSL-TV SALT LAKE CITY -- The University of Utah student accused of disrupting an oil and gas auction as a peaceful protest against global ... Fed judge denies defense motion in oil lease caseBusinessWeek Tim DeChristopher not target of discrimination, judge rulesDeseret News all 17 news articles »