By Armando Duke
Laptop Battery According to a Platts survey of OPEC and oil industry officials, total OPEC crude output edged up by just 80,000 barrels due to export difficulties for Iraq.If you would like to receive late breaking news on stocks covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page
Brent crude in London has risen 20 percent, to almost $31 a barrel since OPEC decided on Sept. 24 to trim its output by 900, 000 barrels a day, or 3.5 percent. OPEC has cited rising production in Iraq and other countries that threatens to hurt prices. The decision may undermine economic recovery by increasing energy costs, the energy agency has said.
Thinkpad Sept 13, 2004 (AXcess News) London - Total OPEC crude output edged up by just 80,000 barrels per day in August to an average 29.75 million barrels per day (mil b/d), constrained by a new spate of export difficulties for Iraq, a Platts survey of OPEC and oil industry officials showed September 10.
gallons (an amount equivalent to roughly 18% more barrels of oil than the U.S. imports from Gulf State Members of OPEC).
Microsoft Excluding Iraq, however, the so-called OPEC-10 produced an average 27.97 mil b/d in August, an increase of 250,000 b/d from July's 27.72-mil b/d.
laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)
Laptop Computers Saudi Arabia maintained production at the higher levels aimed at cooling down steaming oil prices, pushing output up by a further 100,000 b/d to 9.5 mil b/d. Indications from the kingdom earlier this week suggested that the Saudis planned to maintain crude volumes around the 9.4-9.5-mil b/d level in September.
time high of more than $ October to more than $40 now. OPEC countries had been producing above their quota to meet a strong demand that sent prices to record highs. The delegates decided to leave the current quota of 27 million barrels a day unchanged. OPEC fears prices will slide further if inventories rise too fast.
Laptop Computer "While consumers can certainly feel encouraged by the continuing surge in OPEC output, that upward movement keeps bringing the world closer to 100% of capacity utilization," said John Kingston, global director of oil at Platts. "This growth in output is not showing signs of building significant amounts of inventory, and it raises the question of where the spare supply is going to come from should there be a disruption or a colder than average winter. It is important to note that we are about to begin the fourth
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
Desktop Computer quarter-traditionally the period of highest global demand for oil."Advertisement
Notebooks Iraqi output, which had averaged 1.95-mil b/d in July, fell by 170,000 b/d to average just 1.78-mil b/d. The only other country to see its volumes fall was Indonesia, which pumped an average 950,000 b/d over the month, down from 960,000 b/d July. Iran and Nigeria maintained output at July levels of 3.98- mil b/d and 2.4-mil b/d respectively.
Lenovo Algeria, Kuwait, Libya, Qatar, the UAE and Venezuela provided smaller increases ranging between 10,000 b/d in the case of Algeria and Qatar and 60,000 b/d in the case of Kuwait.
Hard Drive With oil prices remaining stubbornly high, OPEC has encouraged its members to open the taps, and the latest output boosts have taken OPEC-10 production close to 2-mil b/d above their 26-mil b/d ceiling.There has been some talk of raising the ceiling to bring the ceiling and quotas in line with actual output when OPEC meets next Wednesday in Vienna. But a senior OPEC delegate told Platts September 9 that there was a "strong possibility" the cartel would simply maintain the status quo in order to avoid any disagreement.Source: Platts
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