TEHRAN, March 12 (UPI) -- The Organization of Petroleum Exporting Countries could welcome Russia to its membership if Moscow is willing to join the cartel, Iranian oil officials said.
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.
VIENNA, Oct. 16 (UPI) -- With oil prices spiraling downward, the Organization of Petroleum Exporting Countries said in Vienna it predicted a drastic drop in energy demand in 2009.
KUWAIT CITY, Dec. 12 (UPI) -- The Organization of Petroleum Exporting Countries agreed Monday to hold its current level of production steady.
LONDON, Feb. 17 (UPI) -- Russia's declining oil production and China's rising demand for the commodity could push the Organization of Petroleum Exporting Countries to its limit.
VIENNA, Jan. 30 (UPI) -- Members of the Organization of Petroleum Exporting Countries, meeting Sunday in Vienna, will decide whether to maintain OPEC's current production ceiling.
LONDON, May 19 (UPI) -- Saudi Arabia appears to have persuaded fellow members of the world's oil producing cartel to bump up production to tap down dangerously high prices.
VIENNA, March 31 (UPI) -- The Organization of Petroleum Exporting Countries agreed Wednesday in Vienna to cut crude oil production by 4 percent starting Thursday.
NEW YORK, June 6 (UPI) -- OPEC is reported planning to keep petroleum output at its current level rather than cut back production at next week's meeting in Qatar.
NEW YORK, June 6 (UPI) -- OPEC is reported to have abandoned plans to cut petroleum output when the cartel meets next week in Qatar.