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oil

Venezuela’s Chavez sees oil stabilizing at $100 per barrel

Venezuela's President Hugo Chavez said on Monday that the global price of oil should stabilize at around $100 per barrel.

July 10, 2012 12:00
 
OPEC-output-hits-new-high

OPEC basket price falls to $97.44 on Friday

OPEC's reference crude oil basket price fell more to $97.44 a barrel on Friday, from $101.06 a barrel the previous day, OPEC said on Monday.

June 4, 2012 5:33
 
Venezuela Worries That OPEC Is Flooding Oil Market

Venezuela Worries That OPEC Is Flooding Oil Market

Minister says unnamed Gulf states are over-producing; OPEC should aim for minimum price of $100 per barrel

April 18, 2012 9:12
 
Venezuela says buying four Airbus planes from UAE

Venezuela says buying four Airbus planes from UAE

Venezuela's state carrier will buy four used Airbus A340-500 planes for $240 million from the United Arab Emirates, President Hugo Chavez said on Sunday.

January 23, 2012 2:59
 

Iranian, Venezuelan leaders rebuff US, joke about bomb

Ahmadinejad on tour of Latin America leftists; Seeking support as new Western sanctions kick in

January 10, 2012 10:56
 
Oil’s not well: are we reaching the breaking point in the sector?

Oil’s not well: are we reaching the breaking point in the sector?

Something’s gotta give during this week’s OPEC meeting as GCC favours increased production even as global demand falters. Could this stalemate be causing the absence of petrol in the UAE?

June 7, 2011 3:19