Quick drop in oil price rattles producers: OPEC to consider options Friday

Article Abstract:

The Organization of Petroleum Exporting Countries will consider the question of whether the steep drop in oil prices is the start of a long-term decline. The cartel is to meet on 10 December 2004, in Cairo to discuss its formal output quotas and an unofficial number of its actual production.

Production data, Commodity & service prices, Organization of Petroleum Exporting Countries, Prices and rates, Organization of the Petroleum Exporting Countries, Company pricing policy

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U.S. faces natural gas shortfall on inventory fall, demand rise

Article Abstract:

The U.S. could be hit with a crunch in natural gas supplies for at least one year, perhaps up to 2005. Inventories have been dropping while demand has been increasing.

Forecasts, trends, outlooks, Facilities & equipment, Natural Gas, Forecasts and trends, Equipment and supplies, Petroleum, Market trend/market analysis

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Burlington bid would create new gas giant

Article Abstract:

The plans of ConocoPhillips Co. to acquire Burlington Resources Inc., for $30 billion, are presented.

Acquisitions & mergers, Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Mergers, acquisitions and divestments, Company acquisition/merger, Burlington Resources Inc., BR, ConocoPhillips

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