OPEC

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OPEC agrees on oil output limit

Dec 14, 2011
The Organization of Petroleum Exporting Countries has agreed on an output limit, and it looks like gas prices will remain high for the time being.
Posted In: OPEC, Oil

Oil, gas prices should remain relatively steady

Dec 14, 2011
The Organization of Petroleum Exporting Countries agreed this morning to maintain global production at about 30 million barrels of oil per day.
Posted In: Oil, gas prices, OPEC

PODCAST: OPEC reaches a deal, iPads in the cockpit

Dec 14, 2011
Conflict in Washington continues over the possible extension of the payroll tax cuts, as experts disagree whether the measures help or hurt the broader economy. The SEC is pushing for a rule that would disclose the income gap between the average American worker and CEOs. It is about to get a bit more difficult to be a cab driver in Chicago. And what kind of football team will make its home in Los Angeles?
Posted In: OPEC, euro

MID-DAY UPDATE: Gary Locke expected to be new U.S. Ambassador to China, Oil prices fall on OPEC discussions

Mar 8, 2011
Today President Obama is expected to nominate Commerce Secretary Gary Locke to be the new U.S. Ambassador to China. He'd be the first Chinese-Ame...
Posted In: Ambassador, Biden, China, Gary Locke, Libya, mid-day update, Oil, oil price, OPEC, President Obama, Russia, Saudi Arabia, tobacco

Oil: Snapshot of rising oil prices, reserves

Feb 22, 2011
Get ready for some pain at the pump....
Posted In: gas prices, Oil, oil industry, oil price, OPEC

MID-DAY UPDATE: Iran leads OPEC

Oct 15, 2010
It's the first time in more than three-and-a-half decades that Iran will lead the oil cartel. What does it mean for the rest of the world, and for...
Posted In: Clinton, david brancaccio, economy 4.0, entrepreneurs, Iran, mid-day update, OPEC, start-ups

MID-DAY UPDATE: Who is Austan Goolsbee? ...

Sep 10, 2010
... He's Obama's new top economic adviser...
Posted In: defense contractors, fedex, Goolsbee, Memphis, mid-day update, Obama, OPEC, Pentagon, Rosh Hashanah

Does production cut make OPEC green?

Oct 24, 2008
When I heard the news this morning that OPEC will cut its production by 1.5 million barrels per day next month, I thought they made a good decision...
Posted In: green biz, oil prices, OPEC, sustainable energy

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