Iran's President Mahmoud Ahmadinejad's welcomes OPEC secretary
Iran's President Mahmoud Ahmadinejad (L) shakes hand with OPEC Secretary General Abdullah al-Badri during an official meeting in his office in Tehran, Iran on April 6, 2008. (UPI Photo/Mohammad Kheirkhah)
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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.
Qatar will cut oil output; forecasts of oil production fall; Italy's Eni will work in Papua New Guinea.
OPEC still insists its supply is not the cause of record oil prices; Ever-increasing profits from rising oil prices could help reopen oil fields in Canada; Azerbaijan and Turkmenistan have agreed to energy cooperation
ROME, April 21 (UPI) -- OPEC leaders meeting in Rome said prices will not fall anytime soon.
NEW YORK, Nov. 14 (UPI) -- U.S. oil prices rebounded nearly $3 Wednesday to more than $94 a barrel after OPEC's secretary-general said the cartel saw no need to increase oil production.
