OPEC
http://www.opec.org/home/The Organization of Petroleum Exporting Countries (OPEC), an international oil cartel, is composed of 12 member countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. The goal of the cartel is to help stabilize oil prices in international markets and allow oil producers to achieve a reasonable rate of return.
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Sinopec Acquires Addax Petroleum In $7.2 Billion "Transformational" Deal
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Goldman Sachs Upgraded Frontline Ltd. (FRO) to Buy
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EIA Updates '09/'10 Oil, Nat Gas Forecasts: Sees US Crude Averaging $67/Barrel in 2H09, Sees US Retail Gasoline Peaking in July at $2.70/Gallon
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Petrobras (PBR) volatility near eight month lows; oil at $61.99 into OPEC meeting
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Cantor Fitzgerald Updates Uutlook on Oil Tanker Stocks: Downgrades NAT, OSG, GMR, ONAV and DHT
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Cantor Fitzgerald Downgrades General Maritime (GMR) to Hold
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Barron's Article Makes Positive Comments on Deepwater Drillers Transocean (RIG), Diamond Offshore (DO) and Noble (NE)
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Deutsche Bank Downgrades Petrobras (PBR) to Hold; Concerns NA Natural Gas Prices Pose Risks for Tenaris (TS)
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OPEC's Enigma
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EIA Lowers Crude Oil Price Forecast for '09 to $42.06/Barrel; Cuts Q1 OPEC Production Estimate by 500K Barrels/Day
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Cramer Still Bullish On Oil (COP, CVX)
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Top 10 News Items 12/15-12/19: FOMC Cuts Fed Funds Rate to a Big Fat Donut; GM, Chrysler Get $17B in Loans; Madoff Fiasco Continues to Astonish
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Top 10 News Items 10/20-10/24: Markets Volatile as Fear Spreads Across the Globe
