OPEC

  • Dec 10, 2008
  • 2 min read

INTERNATIONAL: Crude demand set to fall in 2009

The US Energy Information Administration yesterday released its Short-Term Energy Outlook, which...

International
  • Dec 9, 2008
  • 2 min read

INTERNATIONAL: Chemical plant closures weigh on demand

US-based Dow Chemical yesterday announced that it would shut 20 plants and temporarily idle 180,...

International
  • Dec 4, 2008
  • 2 min read

INTERNATIONAL: Weak US economy pushes crude down

Crude oil prices reached a new low yesterday, with the West Texas Intermediate spot price closing...

International
  • Dec 1, 2008
  • 2 min read

INTERNATIONAL: OPEC cooperation remains uncertain

OPEC countries postponed, at a meeting held over the weekend in Cairo, a decision to cut...

International
  • Nov 26, 2008
  • 2 min read

INTERNATIONAL: Oil markets are waiting for OPEC

Oil markets have been highly volatile in the last two days, as government stimulus packages...

International
  • Nov 19, 2008
  • 2 min read

INTERNATIONAL: Economics depresses oil price

Crude prices continue to veer downward today, despite possible threats to oil supply emerging in...

International
  • Nov 12, 2008
  • 1 min read

INTERNATIONAL: Oil prices are poised to fall further

West Texas Intermediate -- the top benchmark for crude prices -- yesterday closed below 60...

International
  • Nov 7, 2008
  • 7 min read

PROSPECTS 2009: Oil markets face extreme uncertainty

Oil markets have been extremely volatile in 2008. They are likely to be even more so in 2009.