OPEC

  • Nov 6, 2008
  • 2 min read

INTERNATIONAL: Expensive oil is set to return

The International Energy Association's forthcoming World Energy Outlook, which will be published...

International
  • Nov 5, 2008
  • 7 min read

VENEZUELA: Falling oil price points to tough times

The dramatic fall in the price of oil puts pressure on both the government and state oil company,...

Venezuela
  • Oct 24, 2008
  • 2 min read

INTERNATIONAL: OPEC cuts are unlikely to stem decline

OPEC member states today agreed to cut production by 1.5 billion barrels, the first time the...

International
  • Oct 22, 2008
  • 7 min read

GULF STATES: Oil price impact depends on OPEC action

OPEC members will hold an extraordinary meeting on October 24 in an attempt to shore up falling...

Gulf States
  • Oct 17, 2008
  • 1 min read

INTERNATIONAL: OPEC moves meeting forward

Following steep declines in crude prices, OPEC yesterday announced it would move forward its...

International
  • Oct 16, 2008
  • 2 min read

INTERNATIONAL: Commodity prices face likely decline

Major commodities yesterday continued to decline, as the threat of a major global economic...

International
  • Oct 9, 2008
  • 1 min read

INTERNATIONAL: OPEC may defend oil prices

West Texas Intermediate crude oil prices closed yesterday at 88.95 dollars, continuing their...

International
  • Oct 6, 2008
  • 1 min read

INTERNATIONAL: Oil continues downward trend

Global crude oil prices declined significantly in Asian and European trading today, as the...

International