NEW YORK, Dec. 3 (UPI) -- Crude oil prices fell slightly on the New York Mercantile Exchange Wednesday following an OPEC request to have Russia and others join their ranks.
TEHRAN, Dec. 1 (UPI) -- There is a need to find a balance between generating revenue for investments in the oil sector and the declining market, OPEC officials said Monday in Iran.
CAIRO, Nov. 28 (UPI) -- OPEC's direction at its weekend meeting in Cairo will be muddied by secrecy and ineptitude, an analysis says.
NEW YORK, Nov. 27 (UPI) -- Crude oil prices fell Thursday morning on the New York Mercantile Exchange although investors remain wary that OPEC may cut production soon.
VIENNA, Nov. 26 (UPI) -- Officials with the International Energy Agency said Wednesday oil-producing states should take a close look at the economy before deciding on production quotas.
CAIRO, Nov. 26 (UPI) -- The president of the Organization of Petroleum Exporting Countries said that production cuts would be considered in unofficial meetings in Cairo this week.
TEHRAN, Nov. 24 (UPI) -- Iran said Monday it would call for additional production cuts to control prices during the next meeting of the Organization of Petroleum Exporting Countries.
TEHRAN, Nov. 10 (UPI) -- The Organization of Petroleum Exporting Countries may convene earlier than its Dec. 17 meeting if oil prices continue to drop, officials said Monday.
MOSCOW, Nov. 5 (UPI) -- The Organization of Petroleum Exporting Countries may cut production by 10 percent if world crude prices do not recover, Gazprom said Wednesday.
TEHRAN, Oct. 31 (UPI) -- Iran will follow recommendations from the OPEC cartel and drop its oil production quota by 199,000 barrels per day beginning in November, officials said Friday.
LAGOS, Nigeria, Oct. 31 (UPI) -- Nigerian oil officials claim the country's reduced oil output dictated by the Organization of Petroleum Exporting Countries was based on faulty data.
TEHRAN, Oct. 28 (UPI) -- Iranian Oil Minister Mohammad Ali Khatibi said a second reduction in oil exporting quotas would be considered in December and possibly sooner.
TEHRAN, Oct. 27 (UPI) -- OPEC may take additional steps to stem the precipitous decline in oil prices if the market does not react to Friday's production cut, Iran's OPEC governor said.
MOSCOW, Oct. 27 (UPI) -- A decision by OPEC last week to reduce oil production did little to raise market prices, suggesting the cartel is in decline, officials said.
VIENNA, Oct. 24 (UPI) -- Ministers from major oil exporting countries Friday in Vienna said they would cut their collective production quota by 1.5 million barrels a day.
