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Business
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Economy
7/18/2011 5:53:06 PM
Emirates says its production will fall slightly next month but it will be ready to supply as much as the market demands without an OPEC agreement
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Business
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Economy
7/12/2011 2:23:14 PM
Fragile financial picture might slash demand to 1.32 million barrels per day in 2012, says the organisation citing uncertainty over Japan's recovery and the impact of oil prices on developed nations
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Business
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Economy
7/9/2011 12:05:21 PM
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World
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International
7/4/2011 3:42:58 PM
Venezuelan leader Hugo Chavez makes a surprise return after his treatment in Cuba in time for the 200th independence anniversary celebrations
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Business
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Economy
6/30/2011 8:20:57 PM
Release of strategic oil stocks by International Energy Agency may be piling more misery on refiners and raising expectations of increased supply that may not be realised
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Business
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Economy
6/25/2011 3:39:36 PM
The 28-member IEA said on Thursday it would release 60 million barrels a day over an initial 30 days to fill the gap created by the disruption of Libya's output
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Business
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Economy
6/13/2011 12:30:31 PM
Markets react to report that Saudi Arabia will boost daily crude production by 1.14 million barrels despite OPEC's failure to reach consensus last week
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Business
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Economy
6/9/2011 12:17:21 PM
Analysts expect Saudi Arabia would likely raise its production independently if crude prices jump much higher above $100
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Business
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Economy
6/8/2011 6:15:03 PM
OPEC talks broke down without an agreement to raise output after Saudi Arabia failed to convince other members to lift production
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Business
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Economy
6/8/2011 5:49:36 PM
Saudi Arabia and other influential Gulf nations efforts for production ceilings to be once again rise end in failure
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Business
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Economy
6/8/2011 3:56:26 PM
Unexpected decision seems to reflect unusual tensions in an organisation that usually works by consensus
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Business
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Economy
6/8/2011 10:37:10 AM
Where are OPEC states likely to stand on the issue of increasing oil production, under discussion in Vienna today?
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Business
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Economy
6/7/2011 2:53:47 PM
Kingdom may go it alone, pumping an extra 500,000 barrels a day regardless of cartel's decision this week
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Business
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Economy
6/6/2011 1:45:32 PM
OPEC's second biggest crude producer, Iran continues habit of favouring high oil prices and opposing an increase in production
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Business
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Economy
6/6/2011 1:26:15 PM
Gulf producers will argue for production rise to spur falling demand but may face opposition from price hawks Iran and Venezuela
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Business
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Economy
6/6/2011 12:35:58 PM
Poor economic stats from the world's prime oil consumer is adding to pressure for OPEC nations to introduce a quota hike in Vienna on Wednesday
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World
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Region
6/5/2011 2:13:57 PM
Iran has yet to decide who will head its delegation at this week's meeting of OPEC oil producers
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Business
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Economy
6/4/2011 1:59:01 PM
Weak dollar and Gulf unrest make traders cautious before possible OPEC output hike next week
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World
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Region
6/4/2011 12:46:21 PM
Around 500 Kuwaitis staged an anti-government protest on Friday, demanding the resignation of the prime minister and an end to a political crisis hampering legislation in the major OPEC oil producer
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World
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Region
6/3/2011 3:44:24 PM
Mohammad Aliabadi, close ally of Iranian president Ahmadinjad whom he hired as caretaker oil minister, is harshly criticized as unfit for the job by head of parliament's energy committee
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