OPEC

  • May 18, 2004
  • 7 min read

RUSSIA: New estimates put oil reserves much higher

New estimates suggest that Russia's oil reserves may be up to three times higher than previously...

Russia
  • May 11, 2004
  • 7 min read

INTERNATIONAL: Demand, geopolitics underpin oil price

Saudi Oil Minister Ali Al-Naimi said yesterday that OPEC should reverse its recent 1.5 million...

International
  • May 7, 2004
  • 1 min read

INTERNATIONAL: Sentiment-driven oil price creates OPEC

Crude oil approached 40 dollars per barrel in New York yesterday as Gulf tensions and low OECD...

International
  • May 3, 2004
  • 7 min read

MEXICO: Budgetary pressures influence oil output

Mexico's reluctance to reduce oil production in step with OPEC underlines its relationship with...

Mexico
  • May 3, 2004
  • 1 min read

INTERNATIONAL: IEA says oil price knocks 0.4% from GDP

The recent increase in oil prices, if sustained, could result in the OECD losing 0.4% of GDP this...

International
  • Apr 2, 2004
  • 1 min read

RUSSIA: Transneft breaks 4 million b/d export mark

Oil exports via Transneft's pipelines reached 4.09 million barrels per day (b/d) in March, the...

Russia
  • Mar 30, 2004
  • 7 min read

INTERNATIONAL: OPEC likely to amend quota cuts

OPEC meets tomorrow in Vienna. The production cuts OPEC had planned to introduce from April 1 are...

International
  • Mar 5, 2004
  • 7 min read

NIGERIA: No end in sight to excess oil production

The special adviser to the president on petroleum matters said on March 2 that Abuja will lobby...

Nigeria