OPEC

  • Mar 17, 2005
  • 1 min read

INTERNATIONAL: OPEC raises output

OPEC agreed to increase production by half a million barrels per day to 27.5 million barrels, it...

International
  • Feb 25, 2005
  • 1 min read

INTERNATIONAL: Market shift towards higher price

Oil prices will remain between 40-50 dollars per barrel in 2005, Saudi Oil Minister Ali Naimi...

International
  • Feb 14, 2005
  • 5 min read

ECUADOR: Oil sector needs restructuring

The government is planning to restructure its state-run oil company, as Venezuela continues to...

Ecuador
  • Feb 7, 2005
  • 6 min read

INTERNATIONAL: Iraq oil output stuck despite polls

Although violence accompanied last week's elections in Iraq, there was no major disruption to oil...

International
  • Jan 31, 2005
  • 1 min read

INTERNATIONAL: OPEC abandons price band

OPEC will leave production unchanged at 27 million barrels per day, it announced yesterday at its...

International
  • Dec 10, 2004
  • 1 min read

INTERNATIONAL: OPEC agrees output cut

OPEC agreed today to cut output by 1 million barrels per day (b/d) from January 1, according to...

International
  • Dec 3, 2004
  • 6 min read

VENEZUELA/RUSSIA: Limits on cooperation remain

Venezuelan President Hugo Chavez visited Russia on November 25-26. The visit was Chavez's...

Venezuela
  • Dec 2, 2004
  • 6 min read

PROSPECTS 2005: Oil could drift toward 30 dollars

The oil price remains an important determinant of global economic growth.