OPEC
INTERNATIONAL: 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, as Venezuela continues to...
EcuadorINTERNATIONAL: Iraq oil output stuck despite polls
Although violence accompanied last week's elections in Iraq, there was no major disruption to oil...
InternationalINTERNATIONAL: OPEC abandons price band
OPEC will leave production unchanged at 27 million barrels per day, it announced yesterday at its...
InternationalINTERNATIONAL: OPEC agrees output cut
OPEC agreed today to cut output by 1 million barrels per day (b/d) from January 1, according to...
InternationalVENEZUELA/RUSSIA: Limits on cooperation remain
Venezuelan President Hugo Chavez visited Russia on November 25-26. The visit was Chavez's...
VenezuelaPROSPECTS 2005: Oil could drift toward 30 dollars
The oil price remains an important determinant of global economic growth.