Sentence examples similar to opec generated from inspiring English sources

Mr. Naimi, the Saudi minister, affirmed his goal of getting the commodity price of oil down to $25 a barrel, but he generated few believers that anyone in OPEC wanted lower prices.

There he saw an opportunity to build a bridge between the new OPEC-generated wealth in the Gulf and the hunger for private equity investment in the U.S. and, to a lesser degree, in Europe.

It said the NSA had carried out surveillance on the office of Opec's general secretary.

Opec secretary general Abdallah Salem el-Badri said: "There's a price decline.

Or will Saudi Arabia want to act, through Opec, to get prices back up?

Generate, generate!

Assuming that oil prices hover around twenty-five dollars a barrel, which is in the middle of opec's target range (twenty-two twenty-eightght dollars a barrel), a resurgent Iraqi oil industry producing six million barrels of oil a day for export would generate about fifty-five billion dollars a year in revenues.

Similar increases have come from Kuwait and Iraq, even while total OPEC and non-OPEC imports declined.

Fig. 5 Trend of World Oil Production by OPEC and Non-OPEC.

The production gap between OPEC and non-OPEC's total oil production is less than 5%.

"The market doesn't distinguish between an OPEC and a non-OPEC producer," he says.