Article+Summaries+&+RSS+feeds

fffffffffff Due to no changes in production, OPEC's price of oil rose to over $65 a barrel. This rise over $60 marks one of the highest settlement days since November of 2008. OPEC has decided to keep their quota 25 million barrels a day, cutting production levels in order to increase oil price, seeing as though they announced reduction of 4.2 million barrels a day in 2008. In an inventory report, stockpiles of oil fell 5.4 million barrels in a week. Supplies of distillates (used to make heating oil and diesel) rose 300,000 barrels in a week. Gasoline stocks fell 600,000 barrels, and everyone's anticipating the price of gasoline to rise.
 * [|May 28th, 2009]**

fffffffffff OPEC has decided to leave production levels unchanged due to certain downside risks. Oil prices have risen to $72 a barrel. A gathering was held between the OPEC nations that revolved around economic recovery, and they stated their desire for supplying for the benefit of the world. Another meeting will be held to reassess their marketing situation.
 * [|September 10th, 2009]**

fffffffffff Oil prices and crude oil delivery rose above $74 a barrel after OPEC left oil output targets unchanged. Commerce departments say OPEC's gross domestic product rose below the predicted growth rate, but they're relieved the economy is still growing. The US dollar is also rising against foreign currency. The average price of gasoline dropped, but the highest gas prices remain in Alaska, at $3.353. Missouri holds the lowest at $2.381.
 * [|December 22nd, 2009]**

All of these articles were chosen to show the increase in oil prices throughout the year of 2009.

rss url="http://topics.edition.cnn.com/topics/feeds/rss/opec" link="true" description="true" number="5" enclosure="true" rss url="http://opec.podcastproduction.eu/opec_podcast.xml" link="true" description="true" number="5"