OPEC In A Sentence
Learn how to use OPEC in a sentence and make better sentences with `OPEC` by reading OPEC sentence examples.
- OPEC is between the devil and the deep blue sea.
- OPEC ministers will begin meeting in Austria in a few hours, expecting the ministers' decision on what the future level of oil production should be.
- "These market developments are of great concern to OPEC, " said Saif Al-Nasseri.
- More reserves in Canada than all of OPEC combined.
- A summit meeting of OPEC leaders was called to find a solution to the oil crisis.
- First came the OPEC embargo in response to the Arab-Israeli war of 1973.
- OPEC's official daily output target is 23 . 2 million barrels.
- He called on non-OPEC producers to restrain from increasing production in order to maintain stability.
- After several false starts last year and early 1999, OPEC finally was able to impose some production controls.
- How OPEC and oil-importing countries respond to a war will also have a great influence on prices.
- Saudi Arabia has shouldered the bulk of the output cuts announced by OPEC, the oil cartel.
- OPEC has agreed to freeze its global oil production slightly in order to firm up crude prices.
- Without petrodollars the OPEC Arab countries return to camels and tents.
- At Osaka, OPEC producers rolled over the existing production ceilings.
- Another contender is Suleiman al-Herbish, Saudi Arabia's representative to OPEC . Herbish is considered an important conduit for expressing the views of Ali Naimi, the Saudi oil minister.
- They also welcomed their thirteenth member, Ecuador, which rejoined OPEC in November.
- OPEC dropped daily production attempting to soften against a crash in price.
- The first series of oil price increases implemented by OPEC shocked the economies of the west.
- OPEC wants higher prices, and has instituted production cuts.
- In the case of OPEC it's a matter of survival.
- So here sits America, like a pitiful alcoholic at the bar, pleading with OPEC for just a little more of the joy juice.
- Our domestic oil had been price-controlled since 1973, to keep oil companies from reaping a windfall at the higher OPEC price.
- OPEC wanted a price of $18 a barrel.
- OPEC is now almost back to its previous peak production, and will reach that level later this year to fuel recovering economies.
- This is manna from heaven to OPEC.
- Prices only rebounded after the Saudis got serious about enforcing OPEC production disciple.
- Their desire is to be the OPEC of the world for all of this stuff, to our great demise.
- OPEC in January will expand production quotas by almost 10 percent.
- The first was getting the US off OPEC oil.
- Verleger said, " particularly if OPEC keeps prices up.
- OPEC's production " should go down,".
- Naimi said OPEC members are mainly focussing on the stability of the international market.
- Richardson was reluctant to blame OPEC for this budding return to energy malaise.
- Tellez has said Mexico will increase its exports if OPEC decides to increase output.
- Much depends on the demand for OPEC crude oil next year.
- Refiners blame federal regulations, the courts and OPEC . Federal regulators suspect price fixing.
- Since 1993 OPEC, the oil cartel dominated by Saudi Arabia, has kept its output constant at around 25m barrels a day.
- OPEC countries received sudden surge of financial available from banks.
- Showing OPEC held a whip hand on pricing.
- As for the tepid economies of oil rich OPEC nations Morris doesn't deal with that either.
- The OPEC report also highlighted the group's limited spare capacity.
- Instead, they said, OPEC will probably reapprove its offical output level and let prices drift lower without taking immediate action.
- Witness the tensions that dog OPEC , the cartel of oil - producing countries.
- Others question whether OPEC has the spare capacity other than Saudi Arabia.
- Many OPEC members are already at or near their own maximum capacity.
- The Caracas meeting, only the second heads-of-state OPEC summit since 1975, will examine that adjustment mechanism.
- There is one entry for OPEC in the index.
- Kind of blunts the effect of any OPEC move on market prices.
- Roberts also states that both OPEC members and the U.
- Erik Kreil, a federal Energy Information Administration analyst, doubts OPEC will be able to pull off a quota increase paired with a production decrease.
- OPEC continues to control the valve through which most of the world's oil flows.
- The Energy Information Administration estimates OPEC can crank up production by another 4.
- Since the issue is one of aggression on the resources of the people of OPEC, then our last resort might be halting oil pumping completely for a year or two,.
- It is noteworthy that senior U . S . officials have absolved OPEC of responsibility for high product prices,.
- OPEC spokesman Abdurrahman al-Kharaigi said he was unsurprised but disappointed by the Russian decision, according to the Interfax news agency.
- Oil is related to OPEC.
- OPEC recently moved to trim back production, but that would likely be insufficient to hold prices high if Iraqi oil flows freely.
- Now, OPEC owns the major share of our vital energy supply.
- He predicted that OPEC would sit tight at its upcoming meeting.
- What about non OPEC oil producers such as Russia.
- The name of this company is De Beers and they are like the OPEC of the diamond industry.
- While the bullish report prompted nervous speculators to cover short positions, analysts scoffed at the notion of underproduction by OPEC.
- Rodriguez, who is also the president of OPEC, added.
- This diversification weakens OPEC's ability to send prices soaring.
- OPEC is back, and it is bigger and badder than ever.
- OPEC's spokesman said not to expect a communiqu or press release when the event is done.
- The OPEC increase in the price of oil launched the transition to alternative energy sources.
- OPEC hopes to bolster faltering crude prices by curtailing output.
- The OPEC reference price has averaged $ 33.45 a barrel so far this year, up $ 5 from last year.
- By doing so we can afford to increase our own production when we have difficulties with OPEC.
- Venezuela avoided a public rebuke at yesterday's OPEC meeting over cheating on production quotas.
- If OPEC reduces production, that is merely an additional problem.
- OPEC oil production also peaked in that year, and did not cross that level until 14 years later.
- There's not yet a question of raising OPEC's production quotas,".
- "I'm not bothered by what OPEC does.
- OPEC expected at the meeting will be announced reduction in oil production.
- OPEC is fearful of oversupplying the market ahead of a seasonal, post-winter dip in demand.
- OPEC's official daily output target is 23.2 million barrels.
- If renewables will destroy OPEC which is a malicious cartel I'm on board.
- Those hawkish OPEC members have little to gain by a more substantial increase.
- What oil price will the Organization of Petroleum Exporting Countries (OPEC) decide on at its next meeting?.
- Arab OPEC member countries opposed Israel during the Yom Kippur War of October 1973.
- "If the volumes aren't there from Iraq they'll come from somewhere else in OPEC, " said Struth.
- OPEC's arrangements with big American oil companies.
- At the request of OPEC, Dr.
- The next most likely candidate would be Saudi Arabia's governor to OPEC, Suleiman al-Herbish, the source said.
- OPEC members certainly hope so.
- OPEC, which supplies about a third of the world's crude, is fearful of oversupplying the market ahead of a seasonal, post-winter decline in demand in key markets in the Northern Hemisphere.
- Liberating us from the grip of OPEC would be our Victory Garden.
- Adelman loses no sleep over the prospect of OPEC plus six.
- One final point must be made clear to the reader regarding OPEC and Middle East oil supplies.
- Silva added that OPEC should enforce its own production quotas more vigorously.
- OPEC decided price and supply and the oil companies brokered the oil out to world consumers.
- According to Bloomberg, OPEC produced 27.7 million barrels a day in October, 11 percent above its current self imposed ceiling of 25.033 million barrels.
- A price war, he acknowledged, could be damaging to OPEC members, whose economies are lopsidedly reliant on oil revenue.
- EVERY nation signed off on the IPCC conclusions, including OPEC and wealthy western nations.
- Instead, OPEC hopes to end its rampant informal overproduction.
- Wind turbines offer clean, renewable power that doesn't depend on OPEC's whims.
- Oil and oil service stocks shake off the effect of increased OPEC production and resume their uptrend.
- He demanded OPEC members make right decisions and seek a consensus in the forthcoming ministerial meeting in the western Algerian town of Oran.
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