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OPEC (Organization Of The Petroleum Exporting Countries) Defined

The acronym for the Organization of the Petroleum Exporting Countries that have organized for the purpose of negotiating with oil companies on matters of oil production, prices, and future concession rights. Current members (as of the date of writing this definition) are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. See OPEC's site at http://www.opec.org for more information.

This definition is in context to Energy. See more contextual defintions for OPEC (Organization Of The Petroleum Exporting Countries).


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Angola holds 1st vote in 16 years, MPLA confident

Published September 6, 2008, 6:47 pm, Deepika

LUANDA, Sep 5 (Reuters) Angolans head to the polls today for the first time in 16 years in an election widely expected to extend the ruling party's more than three-decade control over the oil-rich African nation.

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International Forecaster September 2008 (#2) - Gold, Silver, Economy + More

Published September 6, 2008, 2:19 pm, GoldSeek.com

The following are some snippets from the most recent issue of the International Forecaster. For the full 22 page issue, please see subscription information below.

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Delays, Shortages Mark First Voting in Angola in 16 Years

Published September 6, 2008, 4:00 am, Washington Post

LUANDA, Angola, Sept. 5 -- Angola stumbled on the road to democracy Friday, as long lines and a shortage of ballots and voting officials marred its first elections in 16 years.

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GOLD ANALYSIS

Published September 6, 2008, 2:47 am, Mineweb

Has the gold price bottomed even though $100 oil in sight? There is a glimmer of light for gold bulls as there are indications that the metal price may have bottomed even though oil is continuing its downward path.

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Rice sees Gadhafi in visit to Libya

Published September 6, 2008, 12:39 am, The Philadelphia Inquirer

TRIPOLI, Libya - Secretary of State Condoleezza Rice met yesterday with Libyan leader Moammar Gadhafi, whom President Ronald Reagan once labeled "mad dog of the Middle East," signaling a new chapter in U.S.-Libyan relations.

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Is oil going back under $100 a barrel?

Published September 6, 2008, 12:36 am, Mail and Guardian

Is it over? Was that the oil shock? Can we relax, sit back and expect our energy bills and prices at the pumps to tumble?

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Geopolitical concerns return to oil market center stage

Published September 5, 2008, 11:33 pm, Midland Reporter-Telegram

Geopolitical concerns were front and center again last week as the conflict between Russia and Georgia seems likely to keep energy markets on high alert for a while. Though the conflict between the two countries has slowed to just a trickle of news, it is becoming readily apparent that a final resolution and withdrawal of military forces is not going to occur quickly. Last week, Georgia accused ...

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Angola's first vote since 1992 plagued by problems

Published September 5, 2008, 9:15 pm, The Kansas City Star

Angola stumbled on the road to democracy Friday, voters waiting for hours to take part in the first election in 16 years as ballot shortages and a lack of voting officials played havoc at the polls.

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9/5/2008 8:00:00 PM ENERGY MATTERS: Gustav Hits Supply Picture, But Prices Fall

Published September 5, 2008, 6:14 pm, CattleNetwork.com

NEW YORK (Dow Jones)--U .S. refiners pushed gasoline output to record highs in the days before Hurricane Gustav shuttered operations along the key Gulf Coast . Many plants are beginning to ramp up operations, but pre-storm oil inventory data point to several areas of potential supply tightness far from the Gulf region.

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Angolan election panned

Published September 5, 2008, 4:38 pm, TVNZ

Angola's UNITA opposition demanded a re-run of Friday's parliamentary election because of widespread delays at polling stations, describing the country's first vote in 16 years as a "mess".

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