Topic: OPEC
Oil prices dive under 80 dollars
AFP Global Edition
World oil prices sank under 80 dollars on Monday, hit by the falling US currency and energy demand concerns, as traders eyed the OPEC cartel's output meeting due later this week. New York's main contract, light sweet crude for April delivery, tumbled 1.82 dollars to 79.42 ...
Oil prices sag, as focus turns to OPEC
AFP Global Edition
World oil prices weakened on Monday, hit by concerns over Chinese demand, as traders also turned their attention towards this week's crucial output meeting of the OPEC oil cartel. New York's main contract, light sweet crude for April delivery, fell 61 cents to 80.63 dollars a barrel ...
Iran calls on OPEC to hold output target steady
AP News
Iran's oil minister says OPEC should not change production quotas at upcoming meetingIran's oil minister said Monday that OPEC nations should not change their crude output targets at their upcoming meeting in Vienna. Masoud Mirkazemi told reporters on the anniversary of the 1951 nationalization of Iran's oil ...
Satisfied with oil prices, OPEC to sit tight on output
AFP Global Edition
OPEC is widely expected to maintain its official oil production quota when it meets this week, with the cartel satisfied with the current level of crude prices, analysts said. The Organization of Petroleum Exporting Countries, whose member countries together pump about 40 percent of the world's crude oil, will ...
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