OPEC

World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.

14 February 2014

Maduro says no chance of coup after deadly Venezuela demos

President Nicolas Maduro vowed Wednesday to tighten security in cities across Venezuela after protests against his government turned deadly, killing three people and injuring 26 others.

13 February 2014

Oil prices up on escalating South Sudan violence

Crude edged higher in Asian trade Thursday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season.

26 December 2013

OPEC to sit tight over oil output on supply strains

OPEC is set to stick to its oil output limit at a meeting here on Wednesday, even as Iraq and Iran eye higher crude exports amid slashed Libyan production.

04 December 2013

Maduro says gov't in Venezuela will set car prices

President Nicolas Maduro said Monday his leftist government will set car prices in a bid to lower their cost.

03 December 2013

OPEC set to hold oil output ceiling again

The OPEC oil cartel was widely expected on Friday to maintain its collective output ceiling amid lingering worries over the health of global energy demand.

31 May 2013

Kazakhstan and Russia to benefit from OPEC break-up

Organization of Petroleum Exporting Countries OPEC is about to fall apart.

09 June 2011

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