Opec Production

OPEC to keep present output

AP | GEORGE JAHN | Posted 04.15.2009 | Business


VIENNA — OPEC tried on Sunday to nudge oil prices up by urging its members to stop overproducing, but the cartel decided not to cut current outp...

OPEC president: Oil cuts likely if no price rally

AP | ALFRED de MONTESQUIOU | Posted 12.09.2008 | Business


ALGIERS, Algeria — OPEC nations could further reduce oil output if moves last month to slash production do not bolster plummeting oil prices, OP...

Iran: OPEC May Decrease Production Further

AP | Posted 11.26.2008 | Business


TEHRAN, Iran — Iran's OPEC governor says the organization may consider another cut in oil production due to a glut in the market. Speaking in a...

Saudi Arabia Churns Out More Oil, Fearing Demand Erosion

AP | JOHN WILEN | Posted 06.24.2008 | Business


NEW YORK — Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wrestled with whether they should put sto...