Oil and Gas News

Nov 6, 2006, 11:31 GMT

OPEC oil price sinks again

Vienna The Organization of Petroleum Exporting Countries (OPEC) on Monday reported the trend of sinking crude oil prices having continued into the weekend. According to the Vienna-based cartel, one barrel (159 litres) of OPEC-produced oil cost 54.07 dollars on Friday, 18 cent less than the day before. Due to the continuing trend of falling crude prices over the last weeks, there have been calls from within the cartel for further reduction of official production quotas, the international energy consultant PVM said in Vienna on Monday. OPEC's oil ministers had in October agreed in Doha on cutting the current production of 28.5 million barrels per day by 1.2 million barrels. The cuts were to be implemented by November 1. © 2006 dpa - Deutsche Presse-Agentur

And Also

Look Back at the Worst Celebrity Breakups

Look Back at the Worst Celebrity Breakups - PopEater
Office 2010 confirmed for June 2010 - The Tech Herald
Sherlock Holmes Has A New Gimmick: Motion Seats - Cinema Blend
Maksim or Karina? One's Out on 'DWTS' - PopEater
A&E series 'Hoarders' and 'Intervention' premiere Monday, Nov. 30th, preview

Your Talkback on this Story

Similar articles

OPEC oil price hovers at 48.60 dollars
Output to stay unchanged as OPEC crude inches down to 101.08 dollars
OPEC crude price cracks 105 dollars
OPEC crude price at new record high
OPEC crude price up at 102.38 dollars

Latest Headlines in Oil and Gas

Older Talkback

Energy Watch: Index; News
Oil and Gas: Index; News; Features

: Features
Nuclear: Index; News; Features
Renewables: Index; News; Features

Kevin_Bacon, KevinBacon
Christine_Lahti, ChristineLahti
Clint_Eastwood, ClintEastwood
Hilary_Swank, HilarySwank

Latest Pics

Christine Lahti

From Sites we Like

Unbelievable pics of how a coyote managed to survive being hit by a Honda, lucky for him it wasn't a Road Runner [Spiffy]
Google manages to pick 3rd worst option out of 2 [Asinine]

More Not News from Fark

In Monsters and Critics

: Arts; Books; DVD; Gaming; Lifestyle; Movies; Music; News; People; Science & Nature; Sport; TV; Archives
Other Languages and Sites: Deutschland (Monsters and Critics); The Tech Herald; Free Games

Entertainment: Arts; Books; DVD; Gaming; Movies; Music; People; Soundtracks; TV
Media: Celebrity Photos; Movie Pictures; Movie Trailers; Movie Posters; Theatre Stills; Celebrity Video; Music Video
Released this week: Movies - USA; Movies - UK; DVD - USA
Distractions: Online Games; Daily Crossword; Sudoku Classic; Daily Jigsaw

World News: US; UK; Americas; Europe; Middle East; Asia Pacific; South Asia; Africa; Business; Education; Health
Science and Tech: Science and Nature; Technology
Lifestyle: Autos; Fashion; Life; Travel

Corporate

: About; Advertise; Contact; The Team; Vacancies; Privacy; RSS; Site Map; Terms; Webmasters

The Fine Print

© 2003 - 2009 by Monsters and Critics.com, WotR Ltd. All Rights Reserved. All photos are copyright their respective owners and are used under license or with permission. * Note M&C cannot be held responsible for the content on other Web Sites.

Servers supplied by Servint