UPI Related News
TEHRAN, May 15 (UPI) -- Increased energy demand in China and India should drive oil prices higher as OPEC is expected to call for further production cooperation, Iran said.
ALGIERS, Algeria, May 12 (UPI) -- Before considering reduced production at its May 28 meeting, OPEC members should move to enforce current quotas, the Algerian oil minister said.
ALGIERS, Algeria, March 24 (UPI) -- Production cuts from the OPEC oil cartel stabilized oil prices and put $60-per-barrel oil within reach despite falling demand, the Algerian oil minister said.
KUWAIT CITY, March 9 (UPI) -- An Organization of Petroleum Exporting Countries official said OPEC members had complied 80 percent with September's 4.2 million barrel per day quota cut.
LONDON, March 6 (UPI) -- A British group tracking crude oil said exports from the Organization of Petroleum Exporting Countries are plummeting but have yet to meet quota reductions.
TEHRAN, March 2 (UPI) -- The Organization of Petroleum Exporting Countries will seek ways to repair oil prices rather than announce further production cuts in March, Iran says.
Oil prices increase on threat of more OPEC cuts; Bahrain and Iran negotiate gas deal; India's Oil and Natural Gas Corp. makes new discovery
ALGIERS, Algeria, Feb. 23 (UPI) -- The Organization of the Petroleum Exporting Countries may further cut production quotas in an effort to control oil prices' downward trend, ministers said.
Despite price increases, Algeria and Venezuela still want more oil production cuts.
Russia, Europe reach a gas deal; Brazil aims to cut imports; Algeria will increase gas to Europe.