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OPEC-output-hits-new-high

Saudi under OPEC pressure to prevent oil price collapse

OPEC likely to renew 30 mln bpd output target; Extra Saudi oil has lifted actual supply to 31.6 mbpd; some fear price collapse if Saudi doesn't cut back

June 13, 2012 5:48
 
Qatar-plans-to-spend-49-billion-in-2012-13

Qatar plans to spend $49 billion in 2012/13 – QNA

Qatar set its budget with expenditures of 178 billion riyals ($49 billion) for the new fiscal year of 2012/13 and revenue of 206 billion riyals, the state news agency QNA reported.

May 29, 2012 6:01
 
Saudi to fill “perceived or real” oil supply gap

Saudi to fill “perceived or real” oil supply gap

Top oil exporter Saudi Arabia stands ready to fill any oil supply gap - "perceived or real" - as oil prices rally on fears of a potential loss of Iranian output.

March 14, 2012 1:33
 
Oil slips under $125 on growth concerns

Oil slips under $125 on growth concerns

Oil prices fell on Monday, snapping four days of gains as worries over supplies from the Middle East eased and investors focused on the health of the global economy and fuel demand.

March 12, 2012 2:04
 

Iran says oil would go over $250 if exports banned

Iran's Foreign Ministry believes that if the West seriously considered blocking Tehran's ability to export oil, the global price of crude would more than double, Foreign Ministry spokesman Ramin Mehmanparast was quoted as saying on Sunday.

December 4, 2011 1:43
 

UAE cites $80-$100 “reasonable” oil price

UAE oil min Hamli says $80-$100 oil is reasonable; UAE not cutting back on extra output yet

October 31, 2011 10:54
 

Iran official sees West’s troubles curbing oil price

Iran says international crude oil prices will not rise with the onset of the cold season due to the continuing global economic slump, state broadcaster IRIB quoted an official on Saturday as saying.

September 17, 2011 3:38
 
World’s biggest economies remain on rocky ground

World’s biggest economies remain on rocky ground

The world’s two biggest economies (China, US) are not showing good economic data while sovereign debt in Europe adds to mounting concern. Is recession getting its second wind?

July 11, 2011 11:54
 
India, China growth may be derailed by high oil prices – IEA

India, China growth may be derailed by high oil prices – IEA

India and China have economic staying power that’s got everyone cooing for their attention. But energy agency chief says oil price hike and absence of alternatives could spell ‘bad news’.

June 21, 2011 2:04
 
Oil price shock could re-rank emerging markets

Oil price shock could re-rank emerging markets

Investors focus on oil, geopolitics as protests shift; Russia, Kazakhstan, Venezuela seen gaining; Turkey, Chile, Israel look vulnerable.

March 8, 2011 2:21