Articles by OPEC
Australian Stock Market Report – Midday January 16, 2015
January 16 2015 2:17 PM
Australian shares are falling for the fifth straight day with the ASX 200 Index down by 0.7 per cent. This takes the falls this week to 3 per cent; making it the worst week since June 2013 for local stocks. This is also only the third time in 12 months the ASX 200 has lost ground from Monday through to Friday.
Iran Warns That Saudi Arabia And Kuwait Will Also Suffer For Low Oil Prices
January 14 2015 12:08 PM
Oil producing countries are anxiously waiting for the global oil prices to bottom out. The commodity price has continued to fall in the recent months.
Australian Dollar Outlook – January 13, 2015
January 13 2015 10:47 AM
Oil prices have again been the stand out story overnight. Who breaks the stalemate and cuts production first, OPEC or US shale producers?
Fitch Downgrades Russia’s Rating After Drop In Oil And Currency
January 12 2015 1:37 PM
Concerns about the possibility of a recession in the Russian economy continue and the country faces new challenges in 2015.
Low Oil Prices May Help China Focus On Consumption Driven GDP Growth Over Exports -- Report
January 06 2015 12:18 PM
China may have to come up with a new strategy in order to counter a possible slowdown in 2015.
Canadian Oil Industry Facing The Heat Of Falling Oil Prices: Mulls Dividend Cut For Investors
January 05 2015 10:24 AM
For the oil sector this was an unexpected situation, as soaring demand and cascading prices were the norm in that industry.
OPEC Production Falls Marginally In December But Oil Price Slide Continues
January 02 2015 11:44 AM
Oil prices have been falling for the past few months. This has led to some concern among the oil exporting countries.
Oil Price Drop Raises Deflation Concerns In Spain—Report
December 31 2014 4:15 PM
Oil prices have been dropping continuously since July this year, raising concerns in some countries.
Russian Economy Contracts And The Country’s Banks Look To Sell Islamic Bonds To Raise Money--Report
December 30 2014 12:08 PM
Russian economy has been under pressure from economic sanctions imposed by the U.S and the European Union and low oil prices.
Australian Stock Market Report – Midday December 23, 2014
December 23 2014 2:28 PM
On the eve of Christmas eve, local shares have taken a pause after 4 sessions of gains in which the ASX 200 has risen by 290 points or 5.5%. The index started the session with a loss of 8 points before trading at the lows of the morning as lunchtime loomed. Local participants looked through the generally positive that featured in US and European trade overnight. European shares were firmer in the latest session with the FTSEurofirst 300 index up by 0.4% and the German Dax up by 0.8%. Investors w...
Russian Economy: Balancing Ruble Slide With Economic Growth--Report
December 23 2014 12:00 PM
There have been concerns about the Russian economy after the country’s currency, the ruble, fell in the past few months.
Saudi Oil Minister Slams Conspiracy Theories About Low Oil Prices--Report
December 22 2014 11:30 AM
The drop in the oil prices have led to global market concerns, primarily by the oil producing countries.
Oil Prices May Be Dragging Global Stock Markets Down
December 17 2014 1:18 PM
Very high oil prices may be bad for the global economy, but too low prices of the commodity may also negatively impact markets.
Oil Prices Go ‘Up And Down, Up And Down’ Says Saudi Oil Minister Amid Concerns
December 15 2014 11:59 AM
The drop in oil prices in the past few months has raised concerns about the consequence of prolonged low prices of the commodity.
More Pain For Russia As OPEC Cuts Forecast For Demand And Oil Prices Slide
December 12 2014 12:05 PM
Russian economy is battling problems on multiple fronts that range from falling oil prices to depreciating currency.
Australian Stock Market Report – Midday December 11, 2014
December 11 2014 4:33 PM
Australian shares are falling for the third straight with the ASX 200 Index down 0.6 per cent. The creation of close to three times as many jobs last month however is helping reduce the losses. At its worst levels, the local market was down by 1.35 per cent today.
Australian Investor Confidence May Be Impacted By Lower Oil Prices--Report
December 10 2014 12:48 PM
The falling oil prices are having a negative impact on not only the oil producing countries but also Australia.
Oil Prices May Fall Further As Gulf Countries Feel The Pain
December 09 2014 1:31 PM
Both oil producing countries and the oil importing countries keep a close eye on the commodity’s price.
Russia’s Tumbling Currency Affecting Other Countries In The Region --Report
December 08 2014 12:53 PM
The Russian currency, Ruble, has been falling for the past few months and is negatively affecting the country’s economy.
Australian Stock Market Report – Midday December 5, 2014
December 05 2014 4:58 PM
A flat start for local shares on Friday has given way to broad selling for the ASX 200. At the best levels of the session the AS 200 was ahead by almost 21 points. However at lunchtime the market was around session lows with a loss of 26 points or 0.5%. The was no clear direction offered by US and European markets overnight.