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Latest Nigeria OPEC News

  • Iran Says Rise in Production Will Not Affect Record Oil Prices 17 May 2008 13:55 GMT
    ... Iran says a rise in oil production by OPEC as requested by the United States will not affect record prices in a market ...

  • New sheriffs to hit the road 17 May 2008 13:55 GMT
    ... CALGARY -- Fifteen new sheriffs will hit Alberta highways this long weekend to help clamp down ... near $128 a barrel yesterday even as OPEC kingpin Saudi Arabia announced it had boosted ...

  • Oil price resumes its record run 17 May 2008 13:50 GMT
    ... High oil prices prompted protests in the Philippines at the weekend Oil prices have set ... into commodities such as oil. Producers cartel Opec, which supplies 40% of the world's oil, ...

  • Iran says oil market well-supplied 17 May 2008 13:36 GMT
    ... TEHRAN, May 17 (Xinhua) -- Iranian Oil Minister Gholam-Hossein Nozari said on Saturday that the increase of OPEC output would not affect oil price as the market is well-supplied and "saturated," the ...

  • Saudis rebuff Bush's request for more oil production 17 May 2008 13:35 GMT
    ... "Clearly, the price of gas is too high for Americans and it is causing a hardship for ... she said. "We do count on the OPEC countries to keep adequate supplies out there ...

  • Kuwaitis seek fresh start as they choose new parliament 17 May 2008 12:52 GMT
    ... Kuwaitis seek fresh start as they choose new parliament A veiled woman casts her vote at ... end political wrangling and put the wealthy OPEC state back on the track of development. ...

  • Iran Says Oil Market Well-Supplied, Saturated 17 May 2008 12:52 GMT
    ... Iranian Oil Minister Gholam-Hossein Nozari said on Saturday that the increase of OPEC output would not affect oil price as the market is well-supplied and "saturated," the ...

  • Bush in Saudi to press king on oil and Iran 17 May 2008 12:51 GMT
    ... Bush in Saudi to press king on oil and Iran Saturday, May 17, 2008 - ?2005 IranMania.com LONDON, ... renewing his appeal for a boost in OPEC output amid rising pressure at home to ...

  • Bush in Saudi to press king on oil and Iran ... 17 May 2008 12:51 GMT
    ... Bush in Saudi to press king on oil and Iran Saturday, May 17, 2008 - ?2005 IranMania.com LONDON, ... renewing his appeal for a boost in OPEC output amid rising pressure at home to ...

  • Iran says OPEC will not boost output... 17 May 2008 12:51 GMT
    ... Iran says OPEC will not boost output Saturday, May 17, 2008 - ?2005 IranMania.com LONDON, May 17 ...

  • Iran Says Oil Prices May Not Cool Down If OPEC Hikes Output 17 May 2008 12:51 GMT
    ... Iran Says Oil Prices May Not Cool Down If OPEC Hikes Output Saturday, May 17, 2008 - ?2005 IranMania.com LONDON, May 17 (IranMania) - ...

  • Iran Says Oil Prices May Not Cool Down If OPEC Hikes Output... 17 May 2008 12:51 GMT
    ... Iran Says Oil Prices May Not Cool Down If OPEC Hikes Output Saturday, May 17, 2008 - ?2005 IranMania.com LONDON, May 17 (IranMania) - ...

  • Kuwaitis go to the polls 17 May 2008 12:32 GMT
    ... Kuwaitis voted in a parliamentary election on Saturday that they hoped would bring in fresh ... conduct, forcing several to resign. The major Opec producer has yet to appoint an oil ...

  • Saudis rebuff request for more oil: King OKs small production boost but sees no great demand globally 17 May 2008 12:30 GMT
    ... RIYADH, Saudi Arabia, May 17, 2008 (Chicago Tribune - McClatchy-Tribune Information Services via COMTEX) -- ... in 1985. And the Saudis submitted to OPEC's quotas in an effort to maintain market ...

  • Oil Is Not Decayed Fossils 17 May 2008 11:56 GMT
    ... Oil is not decayed fossils. Oil prices are the same as eight years ago, measured in gold. ... terms of dollars is not caused by OPEC, greedy oil companies, or the lack of ...

  • Kuwaitis prepare for crucial parliamentary polls 17 May 2008 11:47 GMT
    ... KUWAIT CITY (AFP) Kuwaitis started casting votes Saturday to elect a new parliament in this ... end political wrangling and put the wealthy OPEC state back on development track. The early ...

  • Kuwaitis vote to elect second parliament in two years 17 May 2008 11:47 GMT
    ... KUWAIT CITY (AFP) Kuwaitis began voting on Saturday to elect a new parliament in this ... end political wrangling and put the wealthy OPEC state back on the track of development. ...

  • Crime rises with soaring gas prices 17 May 2008 11:16 GMT
    ... With gasoline prices soaring at the pumps, you might want to rethink whether you need one ... OPPs western region. In the 1970s, when OPEC cut oil production, reducing supplies and driving ...

  • Goldman hikes oil price forecast 30% 17 May 2008 11:15 GMT
    ... TIGHT SUPPLIES: Goldman Sachs has raised its oil price forecast to $141 per barrel for the ... by factors beyond supply and demand fundamentals. Opec, source of two in every five barrels ...

  • Opec trims '08 global oil demand forecast 17 May 2008 11:15 GMT
    ... Opec trims '08 global oil demand forecast OPEC FORECAST: World oil demand will increase by 1.16 million bpd, with Asia taking the lead. ...

  • Oil market is saturated: Minister 17 May 2008 11:15 GMT
    ... Oil Minister Gholam-Hossein Nozari said on Saturday that the increase of OPEC output would not affect oil price as the market is well-supplied and "saturated". The ...

  • Saudis rebuff Bush on increasing oil output 17 May 2008 10:50 GMT
    ... US President George W. Bush pressed Saudi Arabia to raise oil output Friday, but the world's ... which brought "We do count on the OPEC countries to keep adequate supplies out there. ...

  • Iran will not increase oil output, says minister 17 May 2008 10:50 GMT
    ... Tehran: Iran on Saturday said it will not increase oil output and dismissed Saudi Arabia's decision ... of the Organization of Petroleum Exporting Countries (Opec) would only lead to an increase in ...

  • Kuwaitis go to the polls and economy tops agenda 17 May 2008 10:45 GMT
    ... Kuwaitis go to the polls and economy tops agenda Kuwaitis voted in a parliamentary election on Saturday ... conduct, forcing several to resign. The major OPEC producer has yet to appoint an oil ...

  • Saudi agrees token output hike to appease US 17 May 2008 10:44 GMT
    ... Saudi agrees token output hike to appease US TOKEN GESTURE: Saudi Arabia has agreed to increase ... this year, Bush renewed his call for Opec to increase production amid rising pressure at ...


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