OPEC

  • Feb 10, 2009
  • 1 min read

INTERNATIONAL: OPEC cuts in March look highly likely

OPEC Secretary-General Abdalla Salem El-Badri yesterday indicated that the cartel might implement...

International
  • Jan 30, 2009
  • 2 min read

INTERNATIONAL: OPEC resolve halts price collapse

Crude oil prices are trading above 40 dollars today, a sign that OPEC's production cuts are...

International
  • Jan 21, 2009
  • 1 min read

INTERNATIONAL: Oil price remains relatively robust

Despite a report last week by the International Energy Agency that oil demand would be lower than...

International
  • Jan 19, 2009
  • 2 min read

VENEZUELA: Oil price raises output uncertainties

Venezuela may favour a new cut in OPEC's oil output in order to boost prices above 80 dollars per...

Venezuela
  • Jan 14, 2009
  • 2 min read

INTERNATIONAL: OPEC gains control over prices

Saudi Arabia and Venezuela yesterday called for more OPEC production cuts in the wake of...

International
  • Jan 13, 2009
  • 1 min read

INTERNATIONAL: Oil shows resilience despite downturn

The NYMEX 1st Month crude oil contract today is trading at roughly 36.62 dollars per barrel.

International
  • Jan 7, 2009
  • 1 min read

VENEZUELA: Oil price fall spells difficult decisions

Venezuela is the major non-Middle Eastern OPEC oil producer/exporter, and the government will be...

Venezuela
  • Dec 19, 2008
  • 1 min read

RUSSIA/OPEC: Supply crunch fosters cooperation

Deputy Prime Minister Igor Sechin told OPEC on Wednesday that Russia was ready to cut oil output...

Russia