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Derivatives Acronyms > OPEC
The following information is about OPEC.
OPEC Defined
Organisation of Petroleum Exporting Countries
This definition is in context to Derivatives Acronyms. See more contextual defintions for OPEC.
05-12-2008:- CPO could drop 13%-15% by April
Published December 4, 2008, 11:09 pm, The Edge Daily
NUSA DUA (INDONESIA): Malaysian palm oil futures could fall another 13% to 15%, to under RM1,300 per tonne by April if the price of Brent crude tumbles past US$35 (RM127) a barrel, top industry analyst James Fry said.
Palm could drop 13-15pc by April: Analyst
Published December 4, 2008, 11:30 am, Business Times (Malaysia)
NUSA DUA, Indonesia: Malaysian palm oil futures could fall another 13 to 15 per cent, to under RM1,300 (US$357.3) per tonne by April if the price of Brent crude tumbles past US$35 a barrel, top industry analyst James Fry said.
Small-Cap Star Sticks With Insurance, Health Care
Published December 3, 2008, 7:03 am, Forbes
Jenny Jones has consistently crushed the competition by picking her spots in the market.
Nigeria: Experts - Good, But Not So Good
Published December 3, 2008, 2:05 am, AllAfrica.com
Abuja — Mixed reactions have trailed the 2009 budget presented by President Umaru Musa Yar'Adua yesterday.
Indian market likely to open higher on global cues
Published December 2, 2008, 8:31 pm, Nasdaq
(RTTNews) - Wednesday, the Indian market is likely to rebound, as stocks on Wall Street snapped back overnight following a massive sell-off on Monday after the Federal Reserve extended several emergency measures integral to stabilizing banks and General Electric pledged to leave its dividend intact in an uncertain economic environment.
(AFX UK Focus) 2008-12-02 16:23 UPDATE 2-Shareholders rescue Kuwait's troubled Gulf Bank
Published December 2, 2008, 8:50 am, Interactive Investor
By Ulf Laessing
UPDATE 2-Shareholders rescue Kuwait's troubled Gulf Bank
Published December 2, 2008, 8:31 am, The Forex Market
KUWAIT, Dec 2 (Reuters) - Investors in Gulf Bank threw Kuwait's fourth-largest lender a lifeline on Tuesday by approving a $1.4 billion emergency rights issue to cover the major derivatives losses that plunged it deep into the red.
Shareholders rescue Kuwait's troubled Gulf Bank
Published December 2, 2008, 8:07 am, Reuters via Yahoo! Philippines News
(Adds cap hike decision, details, chairman's comments)
CPO FUTURES SET TO MAINTAIN POSITION ABOVE RM1,600
Published November 28, 2008, 10:28 pm, Bernama via Yahoo! Malaysia News
KUALA LUMPUR, Nov 29 (Bernama) -- The trend for crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives next week, is set to be influenced by the direction of crude oil prices and also issues concerning high stocks.
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Fri Dec 5
- Are we watching the death of OPEC? - MSNMoney: The plunge from $148 a barrel to $50 a barrel in less than five months has opened huge fissures in the Organization of Petroleum Exporting Countries. Some members, such as Iran and Venezuela, are desperate to raise oil prices so they can balance their national accounts.
- How low can oil fall? | Plumbing the depths | The Economist: If events take a similar turn this time, Mr Lewis reckons, OPEC will have to keep cutting its output for another year. The price may not hit rock bottom until early 2010. But the world economy looks less healthy now than it did in 2001, so OPEC may face even more of a struggle this time, he thinks. Deutsche Bank, for one, sees prices falling as low as $35 at times between now and then. After adjusting for inflation, Mr Lewis points out, that would only take the price back to its average level since 1972.
Thu Dec 4
- Killed for being Christian - Asia, World - The Independent
- Christians in Kabul are warned: you are being watched by Taliban agents - Asia, World - The Independent
- Taliban rejects Karzai's offer of safe passage - Asia, World - The Independent
- Saudi May Cut Oil Supply More As Rest of OPEC Looks On
- The Canadian Press: Iran calls for deep OPEC cut: The Canadian Press: Iran calls for deep OPEC cut
- Are we watching the death of OPEC? - MSNMoney
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