OPEC

  • Sep 12, 2005
  • 2 min read

EUROPEAN UNION: Consumers shielded from oil price rise

Oil production companies Total and BP have cut prices for petrol and diesel by 0.03 and 0.02...

  • Jul 27, 2005
  • 1 min read

INTERNATIONAL: Iran adds fuel to oil price recovery

Front-month Brent oil futures were trading above 59 dollars per barrel at midday today, posting a...

  • Jul 1, 2005
  • 1 min read

INTERNATIONAL: Price of oil to remain high this year

OPEC President and Kuwaiti oil minister Sheikh Ahmad Fahad Al-Sabah said yesterday that 53...

International
  • Jun 22, 2005
  • 2 min read

INTERNATIONAL: Oil output could rise to 100mbd by 2010

Global oil supply will increase by roughly 16 million barrels per day from 2004 to 2010, raising...

International
  • Jun 16, 2005
  • 2 min read

INTERNATIONAL: Energy demand

OPEC will boost production quotas by 500,000 barrels per day (bpd) to 28 million in order to stop...

International
  • Jun 15, 2005
  • 2 min read

INTERNATIONAL: OPEC grapples with surging demand

OPEC will boost production quotas by 500,000 barrels per day (bpd) to 28 million in order to stop...

International
  • Jun 7, 2005
  • 1 min read

SAUDI ARABIA: Oil capacity plans key to oil market

OPEC's president said today that he expects the cartel to raise its official output ceiling at...

Saudi Arabia
  • May 25, 2005
  • 1 min read

INTERNATIONAL: Refining bottlenecks drive up oil price

Greater investment in oil refineries is needed to bring the price of oil down, OPEC President and...

International