Topic: Oil Prices
OPEC to freeze oil output target as prices near 82 dollars
AFP Global Edition
OPEC members on Tuesday prepared to announce a freeze in the cartel's oil output ceiling here as crude prices jumped to near 82 dollars. The Organization of Petroleum Exporting Countries was widely expected to maintain its official oil output quota of 24.84 million barrels a day when it ...
Oil firms 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 cartel. New York's main contract, light sweet crude for April delivery rose 32 cents to 80.12 dollars a barrel. London's Brent ...
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 ...
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