Oil Cartels

Iran to OPEC: Stop Oil Sales in Dollars

AP | Posted 04.14.2008 | Business


TEHRAN, Iran — Iranian President Mahmoud Ahmadinejad is urging OPEC members to form a joint bank and stop pricing oil trades in U.S. dollars. A...

OPEC Unlikely to Raise Output

AP | WILLIAM J. KOLE | Posted 03.28.2008 | Business


VIENNA, Austria — OPEC has virtually ruled out pumping more oil to ease record-high prices, key oil ministers signaled Tuesday on the eve of a c...