OPEC
INTERNATIONAL: Increased supply reduces price of oil
Oil prices fell nearly 5% yesterday -- the sharpest drop this year -- as the US Energy Department...
InternationalINTERNATIONAL: IMF warns of 'permanent oil shock'
Surging demand (particularly from emerging markets), falling supply and reduced surplus capacity...
InternationalALGERIA: Energy sector set for sweeping reforms
The new Hydrocarbons Law will shortly be approved by the Council of the Nation (upper house),...
AlgeriaINTERNATIONAL: Geopolitics behind high price for oil
While the relationship between crude supply and demand in the oil market is currently...
InternationalINTERNATIONAL: OPEC raises output
OPEC agreed to increase production by half a million barrels per day to 27.5 million barrels, it...
InternationalINTERNATIONAL: Market shift towards higher price
Oil prices will remain between 40-50 dollars per barrel in 2005, Saudi Oil Minister Ali Naimi...
InternationalECUADOR: Oil sector needs restructuring
The government is planning to restructure its state-run oil company.
EcuadorINTERNATIONAL: Iraq oil output stuck despite polls
While last week's elections in Iraq took place without a major disruption to oil exports, hopes...
International