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...unsettles everything.Sunday, Sept. 16, Iran's oil minister said the price of a barrel of oil should be "at least...prices, they shot up at area stations.Well, Iranian oil minister Rostam Qasemi said oil prices will climb this winter...
...waters. Cuba is also negotiating with Brazil oil giant, Petrobras and others, on additional drilling leases. Cuba's oil minister, Fidel Rivero, recently noted that Petrobras is the "world leader in deep water drilling." Actually, the U.S...
...free oil from the government's Strategic Petroleum Reserve until after Organization of Petroleum Exporting Countries oil ministers meet March 27 to decide on additional worldwide production. On Friday, the president appealed to OPEC members to...
...resentment of what they described as a U.S. policy of ''muscle-twisting'' to push OPEC to increase output. Iran's oil minister reiterated that appeal Saturday, urging the cartel not to be intimidated by Washington. Oil revenues are almost Iraq's...
...by up to 7 percent, the Saudi oil minister said today as delegates met to...any change,'' Saudi Arabian Oil Minister Ali Naimi told reporters. Prices...at the end of the week. Kuwaiti Oil Minister Sheik Saud Nasser al-Sabah suggested...
...That sentiment was underlined Tuesday by Iran's oil minister, Bijan Namdar Zangeneh, who reiterated that his nation...probable there will be an increase,'' said Venezuela Oil Minister Ali Rodriguez, the cartel's president, echoing other...
...crude oil production starting in July, according to the oil minister of Saudi Arabia, the group's biggest producer. The...agreed to hike output by 700,000 barrels a day. The oil ministers from OPEC, or the Organization of Petroleum Exporting...
...barrels per day agreed upon by OPEC oil ministers last month was not enough to drive...Rodriguez, who also is Venezuela's oil minister, said Wednesday that the group...Rodriguez said. Iraq's oil minister, Amer Mohammed Rashid, said earlier...
...Asia's economies began slipping into crisis, OPEC oil ministers made a grave miscalculation: In a bid to maximize their...in a telephone interview that he sought to convince oil ministers of the need for restraint at the Vienna meeting. By...
...recession are growing. These economic conditions complicated OPEC's efforts to arrive at a suitable cut in production, oil ministers said. "We have to follow continuously this situation," OPEC secretary general Ali Rodriguez told a news conference...