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	<title><![CDATA[OPEC | Company News & Executive Profiles | BNET]]></title>
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	<description><![CDATA[Latest company news & analysis, recent events, stock quotes, earning call transcripts, with profiles and descriptions of top business executives for OPEC]]></description>
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		<title><![CDATA[HIgh Oil Price Would Hurt Rebound - IEA]]></title>
		<link><![CDATA[http://www.bnet.com/2407-13071_23-367868.html]]></link>
		<description><![CDATA[By Edward McAllisterUNITED NATIONS (<a href="http://resources.bnet.com/index.php?source=ReutersUK">Reuters UK</a>) - Oil prices would threaten a rebound in the global economy if they rise beyond current levels, the chief economist of the International Energy Agency said on Monday."We would like to see oil prices not to go higher than these levels as it is...]]></description>
		<s:doctype><![CDATA[News items]]></s:doctype>
		<pubDate>Mon, 23 Nov 2009 22:45:34 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<title><![CDATA[Pickens: $300 Oil is Still On Its Way]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/10002494/pickens-300-oil-is-still-coming/]]></link>
		<description><![CDATA[T. Boone Pickens, the Texas billionaire investor turned-wind turbine and natural gasÂ champion, said Thursday he expects the price of oil will hit $100 in 2010. Within 10 years, he thinks crude will make it to $300 a barrel.    Pickens, who wasÂ attending a conference in Washington, said the...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Fri, 13 Nov 2009 10:01:59 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<category domain="http://resources.bnet.com/topic/kirsten+korosec.html"><![CDATA[Kirsten Korosec]]></category>
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		<title><![CDATA[Opec signals rise in oil output as global price rallies]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/opec-signals-rise-oil-output/17575/]]></link>
		<description><![CDATA[Opec, the oil producers' cartel, has said that it may increase oil production this year if prices continue to rise. José Botelho de Vasconcelos, the Angolan Oil Minister who is the present president of Opec, said that oil prices of between $75 and $80 per barrel were at an optimum...]]></description>
		<s:doctype><![CDATA[News items]]></s:doctype>
		<pubDate>Mon, 26 Oct 2009 15:35:37 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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	<item>
		<title><![CDATA[Oil Jumps to $74 on Demand Outlook, Dollar]]></title>
		<link><![CDATA[http://industry.bnet.com/financial-services/news-analysis/oil-jumps-74-demand-outlook/15529/]]></link>
		<description><![CDATA[By David Sheppard LONDON (<a href="http://resources.bnet.com/index.php?source=Reuters">Reuters</a>) - Oil rose for the fourth straight session on Tuesday, edging higher above $73 a barrel after OPEC raised its 2010 demand forecast and the dollar slumped. But prices were capped before a challenge of the year-high of $75 a barrel after economic bellwether Johnson...]]></description>
		<s:doctype><![CDATA[News items]]></s:doctype>
		<pubDate>Tue, 13 Oct 2009 09:06:02 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/dollar.html"><![CDATA[dollar]]></category>
		<category domain="http://resources.bnet.com/topic/johnson+%2526+johnson.html"><![CDATA[Johnson & Johnson]]></category>
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		<title><![CDATA[OPEC: Risk Remains, Oil Production Unchanged and a Word About Climate Change]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/10002023/opec-risk-remains-oil-production-unchanged-and-a-word-about-climate-change/]]></link>
		<description><![CDATA[The Organization of Petroleum Exporting Countries will keep its oil production levels unchanged -- as expected --Â in large part to avoid destabilizing a fragile economic recovery.    OPEC ministers from its 11 member countries gathered Sept. 9 and 10 for its 154th ordinary meeting in Vienna, Austria. OPEC...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 10 Sep 2009 03:00:31 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<category domain="http://resources.bnet.com/topic/kirsten+korosec.html"><![CDATA[Kirsten Korosec]]></category>
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		<title><![CDATA[Russia Exploits OPEC Cuts, Tops Saudi Arabia in Oil Exports]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/10001997/russia-exploits-opec-cuts-tops-saudi-arabia-in-oil-exports/]]></link>
		<description><![CDATA[Russia's continued exploitation of OPEC's oil production cuts gives credo to the old Heinz slogan "the best things come to those who wait."    Not too long ago, rhetoric from Russia gave the impression it was aligned with the Organization of Petroleum Exporting Countries inÂ aÂ mission to control oil...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Tue, 08 Sep 2009 17:54:16 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<category domain="http://resources.bnet.com/topic/kirsten+korosec.html"><![CDATA[Kirsten Korosec]]></category>
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		<title><![CDATA[Gas Prices Are Rising, But Don't Fear Last Year's Shock]]></title>
		<link><![CDATA[http://moneywatch.bnet.com/economic-news/blog/macro-view/gas-prices-are-rising-but-dont-fear-last-years-shock/590/]]></link>
		<description><![CDATA[Oil prices headed higher this week, causing many consumers to wonder whether we're in for a replay of last year's sky high gasoline prices. While it's true that oil prices have climbed considerably from their lows earlier this year, it's unlikely that we will have a rerun of last year's...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 28 May 2009 15:34:14 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<title><![CDATA[Energy Roundup: PetroChina Buys Overseas, G-8 Urges Energy Investment, and More]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/10001319/energy-roundup-petrochina-buys-singapore-petroleum-g-8-urges-energy-investment-and-more/]]></link>
		<description><![CDATA[PetroChina buys 45.5 percent stake of Singapore Petroleum -- In a sign that overseas investment by Chinese companies will continue unabated, PetroChina snapped up 45.5 percent of Singapore Petroleum for $1 billion from Keppel Corp., the world's largest builder of offshore oil rigs.Â PetroChina's purchase of Singapore Petroleum's assets, whichÂ include a...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Mon, 25 May 2009 16:28:08 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<title><![CDATA[Hey OPEC, Russia is Just Not That Into You]]></title>
		<link><![CDATA[http://industry.bnet.com/energy/1000817/hey-opec-russia-is-just-not-that-into-you/]]></link>
		<description><![CDATA[    Watching OPEC's continued courtship of Russia has somehow turned into a season of Friends without the laugh track. Just when it seems like Rachel and Ross are going to get together, the audience is left hanging until next season.    New hints of a...]]></description>
		<s:doctype><![CDATA[Blog posts]]></s:doctype>
		<pubDate>Thu, 12 Mar 2009 19:17:16 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/opec.html"><![CDATA[OPEC]]></category>
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		<category domain="http://resources.bnet.com/topic/kirsten+korosec.html"><![CDATA[Kirsten Korosec]]></category>
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		<title><![CDATA[Protectionism Vs Resource Nationalism]]></title>
		<link><![CDATA[http://findarticles.com/p/articles/mi_hb6478/is_7_72/ai_n31392340]]></link>
		<description><![CDATA[The six-year oil price shock has caused things far worse than what the previous shocks had produced. Against the much-drummed up trend of resource nationalism from such short-sighted petroleum exporters as Iran and Venezuela, now there is protectionism. Apart from printing more money from the main players in the global...]]></description>
		<s:doctype><![CDATA[Research articles]]></s:doctype>
		<pubDate>Mon, 23 Feb 2009 23:59:59 -0800</pubDate>
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