Oil

OPEC leaves output unchanged
OPEC has decided to keep its production level unchanged, secretary general Ali Rodriguez said.
14:52 Thursday 27th September 2001

OPEC pressing non-members for joint action to boost prices - source
OPEC members are pressing non-member oil producers to join them in "immediate joint action" to shore up slumping oil prices, a delegate from a major non-OPEC producer told Agence France-Presse.
11:09 Thursday 27th September 2001

OPEC needs non-member oil producers' support over price slump - Qatar
OPEC cannot solve alone the problem of slumping oil prices and needs a "strong understanding" from non-OPEC producers, Qatari Oil Minister Abdullah bin Hamad al-Attiyah told Agence France-Presse.
10:33 Thursday 27th September 2001

Brent Crude higher in early trade pending OPEC quota news
Crude oil prices were higher in early London trade, ahead of expected confirmation from the OPEC meeting that the cartel is leaving both its output quotas and target price range unchanged, analysts said.
10:30 Thursday 27th September 2001

Saudi's al-Nuaimi says no hurry to formalise OPEC agreement
Saudi Arabian Oil Minister Al al-Nuaimi said OPEC is in no hurry to formalise its decision on oil production, after a source close to the cartel said yesterday an agreement had been reached to leave output unchanged.
09:31 Thursday 27th September 2001

OPEC - Nigeria recommends 'better compliance' with existing quotas
Nigerian Oil Minister Rilwanu Lukman told reporters as he entered the informal meeting of OPEC that he will be recommending "better compliance" among member states in adhering to their production quotas.
16:04 Wednesday 26th September 2001

IMF's Rogoff says us recession 'a significant likelihood'
The IMF's chief economist Kenneth Rogoff said there is "a significant likelihood" that the US economy will go into a recession following the Sept 11 attacks on the US.
15:59 Wednesday 26th September 2001

US week to Sept 21 crude stocks up 3.2 million barrels to 305.9 million - DOE
Crude oil stocks rose 3.2 million barrels, or 1.1%, to 305.9 million in the week ended Sept 21 from the previous week, the Department of Energy (DOE) said.
14:09 Wednesday 26th September 2001

Further OPEC meeting likely Nov 8 - Venezuela
OPEC may hold another meeting on Nov 8, Venezuelan Energy Minister Alvaro Silva Calderon said here.
11:45 Wednesday 26th September 2001

OPEC crude basket price falls to $19.87 per barrel
OPEC's price of its basket of crudes fell to $19.87 per barrel at the close of trade yesterday, the OPECNA news agency said.
11:00 Wednesday 26th September 2001

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