Citations with the tag: ORGANIZATION of Petroleum Exporting Countries
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- Is OPEC a cartel? Evidence from cointegration and causality tests.
Gulen, S. Gurcan // Energy Journal; 1996, Vol. 17 Issue 2, p43
Discusses evidence from cointegration and causality tests on whether the Organization of Petroleum Exporting Countries (OPEC) is a cartel. Energy shocks of the 1970s; Data, tests and results; Output coordination era results; Oil prices; Data consistency.
- Fairness measures and importance weights for allocating quotas to OPEC member countries.
Alsalem, Ahmad Saled; Sharma, Subhash C. // Energy Journal; 1997, Vol. 18 Issue 2, p1
Considers the degree of optimality of quota assignments for each Organization of Petroleum Exporting Countries member country based on certain proposed fairness factor. Decisional efficiency; Energy and economic fairness conditions; Weights of the fairness factors; Validation of fair quota...
- OPEC ducks penalties for overproduction.
Alsalem, Ahmad Saled; Sharma, Subhash C. // MEED: Middle East Economic Digest; 10/04/96, Vol. 40 Issue 40, p21
Reports that the Organization of Petroleum Exporting Countries turned a blind eye to abuse of production quotas due to buoyant oil prices. Threat for penalizing members; Increase in demand for oil products.
- OPEC likely to leave quotas alone.
Alsalem, Ahmad Saled; Sharma, Subhash C. // MEED: Middle East Economic Digest; 12/06/96, Vol. 40 Issue 49, p12
Reports that the Organization of Petroleum Exporting Countries (OPEC) has been expected to roll over the existing quota for oil for the first six months of 1997. Gains of OPEC members in 1996; Supply ceiling maintained by the organization.
- Section 10. International energy.
Alsalem, Ahmad Saled; Sharma, Subhash C. // Monthly Energy Review; Feb98, p129
Presents an overview of energy statistics which covers the activities of the Organization of Petroleum Exporting Countries (OPEC) production during November 1997. Increase in production in both Iran, Indonesia, Venezuela and Qatar; Decrease in production in Iraq, Saudi Arabia and Nigeria;...
- Market share and lower crude prices seem OPEC's only choice.
Emond, Mark // National Petroleum News; Feb94, Vol. 86 Issue 2, p12
Discusses the concern of the Organization of Petroleum Exporting Countries (OPEC) regarding market share. Challenge from non-OPEC producers' cost reductions; Ideal crude oil price range; Dilemma faced by OPEC on whether to lower production quotas and lose market share or maintain production and...
- OPEC extends oil production quotas through 1994.
Emond, Mark // Pipeline & Gas Journal; Jun94, Vol. 221 Issue 6, p2
Reports on the agreement of members of the Organization of Petroleum Exporting Countries (OPEC) to extend oil production quotas for the rest of 1994. Production quotas for OPEC members.
- Internal-monitoring committee.
Emond, Mark // Newsweek; 1/7/85, Vol. 105 Issue 1, p44
Last week OPEC announced formation of an internal-monitoring committee to audit each member's production and prices--but virtually no one expected it to make much difference in today's marketplace. OPEC called it `a landmark decision which will restore credibility and strengthen the...
- Gabon effectively withdraws from OPEC.
Akani, Fred // Offshore; Jul96, Vol. 56 Issue 7, p22
Reports on Gabon's exit from the Organization of Petroleum Exporting Countries (OPEC).
George, Dev // Offshore; Aug96, Vol. 56 Issue 8, p14
Reports on the Organization of Petroleum Exporting Countries' increase of its production level for the first time in three years to 25.033 million barrels a day.
- An impotent OPEC tries again.
George, Dev // Newsweek; 12/29/86, Vol. 108 Issue 26, p29
OPEC agreed to cut its overall production by about seven percent during the first half of 1987, intending to increase the price of OPEC crude from $15 to $18 per barrel. But the agreement is shaky, as Iraq refuses to accept any quotas. The new pact may work for a while, but the only real hope...
- OPEC's new strategy.
George, Dev // Newsweek; 11/12/84, Vol. 104 Issue 19, p80
OPEC last week decided to `temporarily' cut its daily production ceiling of 17.5 million barrels by 1.5 million barrels a day. But if prices begin to rise substantially, the continued success of OPEC's strategy will depend on its ability to hold down production levels. `The market will go up as...
- OPEC still controls oil prices.
George, Dev // Alberta Report / Newsmagazine; 1/24/94, Vol. 21 Issue 6, p37
Cites Tom Stauffer in the Winter 1993 issue of `Ziff Comment' as saying most media and oil patch speculation about the imminent collapse of the Organization of Petroleum Exporting Countries is nonsense. Saudi Arabian influence; How politics, not economics, sets world oil prices.
- Too much oil, too little unity.
George, Dev // Newsweek; 10/27/86, Vol. 108 Issue 18, p88
At last week's meeting of OPEC, rich and poor countries alike demanded bigger shares of the cartel's total output. Production quota disputes deadlocked delegates and threatened the newfound unity that is bringing higher prices.
- OPEC nerves start to fray.
George, Dev // MEED: Middle East Economic Digest; 05/08/98, Vol. 42 Issue 19, p18
Focuses on the Organization of Petroleum Exporting Countries (OPEC), which may be prepared to cut production to support oil prices. Comments from Obeid Bin Saif al-Nasiri, OPEC's president and United Arab Emirates' Petroleum and Mineral Resources minister; Indepth look at the OPEC and the cut...
George, Dev // MEED: Middle East Economic Digest; 1/1/2010, Vol. 54 Issue 1, p4
In this article the author discusses the dominance of Riyadh, Saudi Arabia within the Organization of Petroleum Exporting Countries (Opec).
- Still hasn't faced reality.
George, Dev // Newsweek; 2/11/1985, Vol. 105 Issue 6, p57
OPEC met in Geneva for its third emergency meeting in as many months. Widening cracks in the OPEC monolith are the surest sign that market forces have taken over where the cartel once reigned supreme. New oil discoveries and aggressive conservation programs have helped undermine its power.
- In energy, it's 1986 all over again, analysts say.
Collins, Allison F. // Business Press; 6/30/95, Vol. 8 Issue 9, p4
Reports on the Organization of Petroleum Exporting Countries (OPEC), and the possibility that they were responsible for the sliding oil and gas prices in Texas. Price fluctuations; Comments.
- Why OPEC doesn't matter anymore.
Cook, William J. // U.S. News & World Report; 12/13/93, Vol. 115 Issue 23, p73
Focuses on the lost power of the Organization of Petroleum Exporting Countries (OPEC). How market, not the cartel, is driving oil prices; Comments by Philip Verleger, author of the book `Adjusting to Volatile Energy Prices'; Influence of Iraq on oil buyers; Predictions of oil prices.
- Intermediaries for oil-rich OPEC countries.
Cook, William J. // Newsweek; 10/21/1985, Vol. 106 Issue 17, p60
East and West are meeting in some strange ways since the rise of OPEC. The shift in the world's wealth has turned many relationships on their heads. To navigate these strange waters, the Sultan of Brunei and other oil potentates have relied on men like Egyptian-born businessman Mohamed al...
- OPEC tests the limits.
Cook, William J. // MEED: Middle East Economic Digest; 12/12/1997, Vol. 41 Issue 50, p10
Presents information on an agreement made by the Organization for Petroleum-Exporting Countries to increase the quota of crude oil by 1.5 million barrels a day. Date of the increase; Information on Saudi Arabia, in relation to the quota revision; Reference to the financial crisis of several...
- OPEC resigned to quota rollover.
Cook, William J. // MEED: Middle East Economic Digest; 7/4/1997, Vol. 41 Issue 27, p6
Reports on the decision of Organization of Petroleum Exporting Countries minister to roll over the organization's output ceiling of 25.03 million barrels a day. Saudi Arabia and Iran's reconciliation to a rollover of quotas.
- Riding OPEC's coattails.
Karmin, M.W. // U.S. News & World Report; 12/12/88, Vol. 105 Issue 23, p77
Report that the real beneficiary of the Organization of Petroleum Exporting Countries' pact to limit production and drive up the price of crude next year may be natural gas. Study; Comeback; Background; New popularity; Reasons why.
- THIS MONTH IN HISTORY.
Karmin, M.W. // On Wall Street; Sep2007, Vol. 17 Issue 9, p30
A photograph of the Baghdad Conference held on September 10-14, 1960, which created the Organization of the Petroleum Exporting Countries (OPEC) is presented.
- Few dealers had right cars at right time.
Sawyers, Arlena // Automotive News; 10/18/93, Vol. 67 Issue 5522, p31
Discusses the emergence of small, fuel-efficient Japanese cars after the Organization of Petroleum Exporting Countries' oil embargo in 1973. Dealer Don Lucas' gamble on the Honda Civic; Overnight increase in sales during the energy crisis; Capitalizing on the consumer demand for small, cars;...
- Testing Alternative Hypotheses of Oil Producer Behavior.
Dahl, Carol; Yucel, Mine // Energy Journal; 1991, Vol. 12 Issue 4, p117
Presents a study on production decisions for both Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers. Arguments from analysts to explain OPEC's behavior; Griffin's 1985 test of OPEC's market structure; Evidence to show that lower-cost countries produce higher amounts of...
- Business & Finance.
Kilborn, Robert; Cook, Stephanie // Christian Science Monitor; 11/14/2001, Vol. 93 Issue 246, p20
Offers information on business as of November 14, 2001, including the possibility of a cut in crude-oil production by members of the Organization of Petroleum Exporting Countries.
- Norwegian oil reserves up again.
Beckman, Jeremy // Offshore; Dec95, Vol. 55 Issue 12, p10
Presents information on a series of reports from Norway which upgraded the estimate of oilfield reserve. Why the Organization of Petroleum Exporting Countries (OPEC) will show displeasure; Output from Norsk Hydro's Oseberg; Projection for production.
- OPEC PACT SHOULD CUT PRICES BUT NOT UNTIL LATER THIS YEAR.
Ichniowski, Tom // ENR: Engineering News-Record; 04/10/2000, Vol. 244 Issue 14, p20
Reports on the plan of the Organization of the Petroleum Exporting Countries to increase its crude oil production as announced in March 2000. Implications of the move; Reaction from motor fuel and construction products users; Remarks from United States Energy Secretary Bill Richardson on the plan.
- It's Not All OPEC's Fault.
Antonelli, Angela; Wilson, D. Mark // Business Journal (Central New York); 09/22/2000, Vol. 14 Issue 38, p47
Argues that the Organization of the Petroleum Exporting Countries (OPEC) is not entirely to blame for the skyrocketing price of gasoline in the United States. Factors that play a large role in determining gasoline prices; Breakdown of the tax burden shouldered by the oil and gas industry;...
- Oil: OPEC A Greater Risk Than Iraq?
Antonelli, Angela; Wilson, D. Mark // Emerging Markets Monitor; 5/3/2004, Vol. 10 Issue 4, p16
Reports on the status of the global oil industry as of May 2004. Effect of the U.S. stand-off with Iraq on the global oil market; Impact of the price band pressure by the Organization of Petroleum Exporting Countries on the oil market; Commitment of Saudi Arabia to the existing price band.
- Fuel price pain may be clearing.
Slabber, Engela // Finance Week; 06/15/2001, p12
Forecasts the decline of oil prices in 2002. Organization of Petroleum Exporting Countries' control of oil prices; Petrol price in South Africa; Petrol consumption in South Africa.
- Tanker Demand Expected To Hit 10-Year Low.
Slabber, Engela // JoC Week; 1/7/2002, Vol. 3 Issue 1, p8
Forecasts the decline in demand for oil tankers following the decision of the Organization of Petroleum Exporting Countries (OPEC) to reduce crude production. Reason behind the decision of OPEC; Countries that will be greatly affected by the decline.
- Prices rally after Hague Accord.
Ahmed, Rafiq // African Business; May99, Issue 243, p18
Reports that Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members have agreed to make substantial production cuts during the New Hague Accord to raise the price of oil. Market equilibrium; Major African producers in 1998.
- OPEC proves it's a small world after all.
Rothenberg, Al // Automotive News; 10/18/93, Vol. 67 Issue 5522, p30
Discusses the impact of the 1973 oil embargo of the Organization of Petroleum Exporting Countries (OPEC) on the automobile industry. Automakers' development of own super-fuel-efficient offerings; General Motors' Chevette; Shutdown of Cadillac's production line; Conversion of Cadillac into a...
- Cooking Numbers with Gas.
Wilson, Kevin A. // AutoWeek; 11/24/2003, Vol. 53 Issue 47, p8
This article presents information related to the oil market and the repercussions of decisions taken by the Organization of Petroleum Exporting Countries (OPEC) in the U.S. Thirty years ago, OPEC had the U.S. in a bind. It raised oil prices from $4.90 to $8.25 a barrel and limited supply...
Hill, Fiona // Brookings Review; Spring2002, Vol. 20 Issue 2, p28
Focuses on the possibility that Russia could take on the Organization of Petroleum-Exporting Countries and help shift global oil supply away from the Middle East and Persian Gulf. Status of Russia's oil industry during the 1990s; Information on the Caspian Basin and the Geopolitics of Russian...
- OPEC ministers, arriving in Vienna.
MacLachlan, Suzanne; Mutch, David // Christian Science Monitor; 6/20/95, Vol. 87 Issue 143, p2
Reports the arrival of OPEC ministers in Vienna on June 19, 1995 to attend their summer meeting.
- OIL MARKET OUTLOOK.
MacLachlan, Suzanne; Mutch, David // Middle East Monitor: East Med; Oct2008, Vol. 18 Issue 10, p1
The article reports on the oil market condition of Brent, England. It shows that crude feel sharply at the beginning of September 2008 and traded around $105.77 per barrel area. It considers a potential downside to support at $105.00 per barrel, in which the Organization of Petroleum Exporting...
- OIL MARKET OUTLOOK.
MacLachlan, Suzanne; Mutch, David // Africa Monitor: North Africa Monitor; Jun2004, Vol. 9 Issue 6, p1
No abstract available.
- Foreign Relations.
MacLachlan, Suzanne; Mutch, David // Mexico Country Review; 2011, p67
The article offers information on the foreign relations of Mexico, in which the country is a founding member of the World Trade Organization (WTO) in 1996 but it refused to become a member of the Organization of Petroleum Exporting Countries (OPEC).
- Strategies for OPEC's pricing and output decisions.
Gately, Dermot // Energy Journal; 1995, Vol. 16 Issue 3, p1
Examines the pricing and output strategies of the Organization of Petroleum Exporting Countries (OPEC). Review of the oil market experience from 1968 to 1992; Pricing debacle of 1979-1986; OPEC's motivation for the 1979-1980 price doubling.
- OPEC and World Crude Oil Markets from 1973 to 1994: Cartel, Oligopoly, or Competitive?
Alhajji, A.F.; Huettner, David // Energy Journal; 2000, Vol. 21 Issue 3, p31
This study investigates the existence of a dominant producer in the world crude oil market for the period 1973 to 1994. Contrary to the literature, the results show that neither OPEC nor the OPEC core can be characterized as a dominant producer. Using statistical tests, we also investigate...
- The Target Capacity-Utilization Model of OPEC and the Dynamics of the World Oil Market.
Powell, Stephen G. // Energy Journal; Jan1990, Vol. 11 Issue 1, p27
Discusses the major paradigms in oil market modeling to place the Target Capacity-Utilization (TCU) model in context. Models of the world oil market; Components of the TCU model; Empirical evidence for the TCU model; Simple simulation model of Organization of Petroleum-Exporting Countries...
- OPEC behaviour under falling prices: Implications for cartel stability.
Jones, Clifton T. // Energy Journal; Jul90, Vol. 11 Issue 3, p117
Examines alternative hypotheses on Organization of Petroleum Exporting Countries (OPEC) behavior) in light of oil price decline in the 1980s. Continued behavior in partial market sharing way; Oil price reductions as a result of deliberate output adjustments by the cartel.
- Future world oil prices and production levels: A comment.
Wirl, Franz // Energy Journal; Jul90, Vol. 11 Issue 3, p131
Questions the validity of a study published in the 1986 issue of `The Energy Journal' which calculated the profit maximizing price strategies of the Organization of Petroleum Exporting Countries (OPEC). Dynamic models of OPEC pricing; Emphasis that no optimal OPEC oil price policy exists in a...
- OPEC and the Price of Oil.
Mabro, Robert // Energy Journal; 1992, Vol. 13 Issue 2, p1
Debates the issue of what determines oil prices, giving two opposing answers that the Organization of Petroleum-Exporting Countries set the price of oil in a total economic vacuum, and that the market determines the oil price through its own operations. Detailed look at both answers; Author's...
- OPEC and the price of oil in 1993.
Parra, Francisco R. // Energy Journal; 1994, Vol. 15 Issue 1, p17
Focuses on the inadequacy of the Organization of Petroleum Exporting Countries' (OPEC) performance on price-setting of petroleum products from 1985 to 1993. Decline in oil production in 1985; Loss of market position to non-OPEC suppliers; Competition from coal, nuclear power and natural gas.
- Import policy effects on the optimal oil price.
Suranovic, Steven M. // Energy Journal; 1994, Vol. 15 Issue 3, p123
Investigates the effects of an oil import tariff and a petroleum stock release policy on an optimal price path of the Organization of Petroleum Exporting Countries (OPEC). Presentation of an oil market simulation (OMS) model; Presentation of two baseline solutions; Effects of the use of tariff...
- OPEC and cheating: revisiting the kinked demand curve
MacFadyen, Alan J. // In Business; Jul/Aug1993, Vol. 15 Issue 4, p858
No abstract available.