VIENNA, Jan. 7 (UPI) -- The rally in oil prices is an indication the Vienna-based Organization of Petroleum Exporting Countries is effective in its production policies, analysts say.
NEW YORK, Dec. 8 (UPI) -- Crude oil prices rose on the New York Mercantile Exchange Monday after an OPEC leader warned of steep production cuts.
NEW YORK, Dec. 5 (UPI) -- Crude oil prices dropped Friday on the New York Mercantile Exchange with prices down more than 20 percent in the past week and headed toward $40 per barrel.
NEW YORK, Dec. 4 (UPI) -- Crude oil prices dropped to less than $44 a barrel Thursday on the New York Mercantile Exchange, hitting its lowest closing price in 35 months.
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.
NEW YORK, Dec. 2 (UPI) -- Crude oil prices fell Tuesday to $46.96 a barrel on the New York Mercantile Exchange, plunging to a low unseen in more than three and a half years.
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.
NEW YORK, Dec. 1 (UPI) -- Crude oil prices fell sharply on the New York Mercantile Exchange Monday as data showed U.S. manufacturing in decline.
CAIRO, Nov. 29 (UPI) -- Members of the Organization of Petroleum Exporting Countries, meeting Saturday in Cairo, say the informal talks are unlikely to result in production cuts.
NEW YORK, Nov. 28 (UPI) -- Crude oil prices rose slightly on the New York Mercantile Exchange Friday, a day before OPEC oil ministers are to meet in Cairo.
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.
NEW YORK, Nov. 26 (UPI) -- Crude oil prices jumped Wednesday on the New York Mercantile Exchange, as investors anticipated a possible OPEC production cut announcement.
NEW YORK, Nov. 25 (UPI) -- Crude oil prices dropped sharply on the New York Mercantile Exchange after a strong rally on Wall Street Monday boosted prices briefly.
CARACAS, Venezuela, Nov. 25 (UPI) -- Venezuelan President Hugo Chavez said crude oil prices should be set at a fixed price in the wake of recent oil price decreases.
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.
