Topic: OPEC
Oil extends rise on eve of OPEC meeting
AFP Global Edition
World oil prices rebounded slightly on Tuesday, after recent heavy losses, with traders on tenterhooks on the eve of a key production meeting of the OPEC oil cartel in Vienna. New York's main contract, light sweet crude for April delivery rose 42 cents to 80.22 dollars a barrel ...
OPEC members happy with oil output quota
AFP Global Edition
Key OPEC members on Monday said there was no need for the cartel to change its official oil output target owing to the current supply, demand and price situation amid a world economic recovery. The Organization of Petroleum Exporting Countries has no need to "disturb" a balanced oil market, Saudi ...
OPEC members say no need to change oil output quota
AFP Global Edition
OPEC does not need to change the level of its official oil output quota since the market is over-supplied and demand is weak, members of the powerful cartel said here on Monday ahead of a key meeting. Arriving in the Austrian capital ahead of an OPEC ministerial meeting due Wednesday ...
Oil prices slump ahead of OPEC talks
AFP Global Edition
Oil prices slumped Monday amid a rising US dollar and concerns over energy demand as traders eyed the OPEC cartel's output meeting this week. New York's main contract, light sweet crude for April delivery, slid 1.44 dollars to 79.80 dollars a barrel. London's Brent North ...
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