OPEC

  • Jun 24, 2011
  • 2 min read

Saudi-Iran tensions facilitate IEA oil intervention

The United States and fellow members of the International Energy Agency (IEA) -- an organisation...

International
  • Jun 9, 2011
  • 2 min read

Saudi move will likely hold back oil prices

Oil prices neared stability today after significant rises yesterday, when OPEC members failed to...

International
  • Jun 7, 2011
  • 2 min read

Russia could offset OPEC production increase

Oil prices today have fallen slightly as investors await tomorrow's OPEC meeting amid speculation...

International
  • May 20, 2011
  • 1 min read

Chances of new oil price spike have receded

The International Energy Agency (IEA), an advisory body to advanced economies, yesterday argued...

International
  • Mar 8, 2011
  • 2 min read

INTERNATIONAL: Oil markets have priced in Libya

Oil prices have fallen moderately today, with the Brent barrel traded near 114 dollars and the...

International
  • Feb 23, 2011
  • 2 min read

INTERNATIONAL: Supply concerns add to oil pressure

Oil prices increased today as traders digested news that major oil companies are...

International
  • Feb 11, 2011
  • 2 min read

INTERNATIONAL: OPEC lifts production as demand rises

Global oil demand increased by 2.8 million barrels a day (b/d) last year, to 87.8, and is set to...

International
  • Feb 1, 2011
  • 2 min read

INTERNATIONAL: OPEC could relax target compliance

The price of the Brent oil barrel has remained today slightly above 100 dollars, after yesterday...

International