Angola Wire
Comprehensive News Feed for Angola.
Results 1 - 20 of 12,516 in Angola
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New OPEC chairman sees crude oil at $80 per barrel reasonable
... price for crude oil should be 80 U.S. dollars. Germanico Pinto takes over the rotating OPEC chairmanship from Angola's Oil Minister Botelho de Vasconcelos at the 155th ministerial meeting of the oil cartel in Luanda. Speaking to reporters at the ... Comment?
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OPEC teams briefs Angolan President on oil market, ministerial meeting
... Eduardo dos Santos showed that he is well informed of the oil market just like he did in the 2007 meeting, when Angola was admitted into the OPEC. Abdullah El-Badri also hailed Angola's role in the past year as it held the rotating chairmanship to ... Comment?
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Enery prices flat heading into the holiday
... $10 per barrel in two months. Sticking to the production agreement was the focus of oil ministers meeting Tuesday in Angola, and also of investors who see that OPEC compliance has been sliding. "OPEC's decision to hold production steady is bearish ... Comment?
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Iraq will double exports to China to satisfy thirst for oil
... briskly on the back of an economic recovery. Speaking at a meeting of the Opec oil cartel in Luanda, the capital of Angola, Hussain al-Shahristani, the Iraqi Oil Minister, said that the country's crude shipments to China would be boosted from about ... Comment?
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Energy prices flat heading into the holiday
... $10 per barrel in two months. Sticking to the production agreement was the focus of oil ministers meeting Tuesday in Angola, and also of investors who see that OPEC compliance has been sliding. "OPEC's decision to hold production steady is bearish ... Comment?
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OPEC to Keep Its Supply Curbs Unchanged
... and is currently at about $73 a barrel. The group left production targets unchanged today at a meeting in Luanda, Angola. 'In the next couple of years Iraq is expected to come back with more oil and obviously it needs the other members to make space ... Comment?
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LUANDA, Angola -- OPEC held its output quotas unchanged Tuesday, several ministers said as the producer group called for greater compliance from some members whose overproduction could undercut efforts to support prices amid a fragile global economic recovery. Comment?
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Black soccer stars to 'go missing' next month
w/Photo
... with home teams in Africa and compete in the 2010 African Nations Cup. The African championships kick off Jan. 10 in Angola but reports from the region say that roads, airports and stadiums are still unfinished and tickets aren't on sale. A Voice of ... Comment?
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... production targets. The comments on the eve of the Organisation of the Petroleum Exporting Countries' meeting in Angola's capital reflected a belief that a decision not to change supply had all but been made. Oil ministers for at least two of the ... Comment?
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Oil keeps climbing; forecasters bullish
... caps output, Wittner and Loacker said. Analysts say OPEC will keep supply targets unchanged at a meeting in Luanda, Angola, this week, even as the International Energy Agency predicts fuel consumption will rise 1.7 percent next year. a oeWith global ... Comment?
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Iraq to boost oil flow to China next year
... al-Shahristani told Reuters the supply target yesterday on the sidelines of an OPEC meeting in Luanda, capital of Angola. China is the world's No. 2 oil consumer and has the fastest fuel demand growth among all countries this year. Chinese imports ... Comment?
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OPEC maintains output levels, casts doubt on oil market
... countries are stepping in to fill the gap," Vacsconcelos said. Tuesday's meeting was the first OPEC meeting hosted by Angola. The country joined OPEC in 2007 and has overtaken Nigeria as Africa's biggest crude producer, according to the ... Comment?
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OPEC Keeps Oil Supply Unchanged
... of compliance. While Saudi and its Gulf allies Kuwait and the UAE are at or near full compliance with output cuts, Angola, Nigeria and Iran have made little or no contribution. Some market analysts think OPEC may need to get closer to output targets ... Comment?
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Crude Oil Prices Down As OPEC Meets
Crude oil prices held under $74 per barrel on the New York Mercantile Exchange Tuesday, as OPEC oil ministers meet in Luanda, Angola. Comment?
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Oil Declines as U.S. Growth Is Revised Lower, OPEC Maintains Output Quotas
... and thata s likely to continue.a The Organization of Petroleum Exporting Countries agreed at a meeting in Luanda, Angola, today to hold quotas at 24.845 million barrels a day. Brent crude oil for February settlement increased 43 cents, or 0.6 ... Comment?
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Opec maintains production quotas
LUANDA: The Opec oil producers' group held its crude output quotas unchanged at its meeting in Angola yesterday, warning of lingering weakness in the world economy. Comment?
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OPEC opts to hold output steady
ADAM SCHRECK , TAREK EL-TABLAWY LUANDA, Angola a ' OPEC held its year-old output targets unchanged Tuesday, as the group grappled with overproduction by some in its ranks that could undercut efforts to support oil prices amid a fragile global economic recovery. Comment?
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... exhaust fumes or food poisoning, he said. Overheating was a third possible cause. OPEC holds output steady LUANDA, Angola - OPEC held its output quotas unchanged today, several ministers said as the producer group called for greater compliance from ... Comment?
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Iraq's Oil Output Quota May Become OPEC's 'Hot Iron'
w/Photo
... and is currently at about $73 a barrel. The group left production targets unchanged today at a meeting in Luanda, Angola. 'In the next couple of years Iraq is expected to come back with more oil and obviously it needs the other members to make space ... Comment?
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Opec agrees to keep oil quotas
... the 12-member Organisation of Petroleum Exporting Countries (Opec) announced their decision at a meeting in Luanda, Angola's capital, on Tuesday. The group instituted its emergency quotas a year ago after oil prices tumbled amid the global economic ... Comment?
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