President Bush urged OPEC nations on Tuesday to put more oil on the world market and warned that soaring prices could cause an economic slowdown in th...
24/7 Wall Street | Douglas A. McIntyre | Posted 03.28.2008 | Business
The people at OPEC are funny. They see no reason to cut oil prices. Their analysis is that global economic growth is slowing which will cut demand for...
AP | George Jahn | Posted 03.28.2008 | Business
OPEC decided Wednesday to keep output ceilings steady for now, in a move that briefly propelled crude prices above $90 a barrel. Other delegates said...
New York Times | JAD MOUAWAD | Posted 03.28.2008 | Business
After a year of dizzying gains for energy markets, a rapid fall in oil prices lately is posing a dilemma for OPEC, the oil-producing cartel. Should O...
AP | PABLO GORONDI | Posted 03.28.2008 | Business
Oil prices fell Friday on expectations that OPEC will increase output next week and on fading concerns of a supply disruption from a U.S. pipeline fir...
AP | PABLO GORONDI | Posted 03.28.2008 | Business
Oil prices rose Monday with more talk among OPEC members about converting their cash reserves to the euro and away from the U.S. dollar. There is als...
AFP | Posted 03.28.2008 | Business
Oil prices fell Monday after Saudi Arabia and Kuwait hinted of an OPEC output hike ahead of the cartel's meeting this weekend and investors continued ...
AP | TERENCE HUNT and ANNE GEARAN | Posted 03.28.2008 | Business