OPEC predicts further rise in oil prices

Monday, July 7th, 2008

Algiers, July 6 (Xinhua) The oil prices are likely to increase further, largely due to a weak dollar and geopolitics, Chakib Khelil, president of the Organisation of Petroleum Exporting Countries ...


UN welcomes move by Saudi to tackle ‘abnormally high’ oil prices

Monday, June 23rd, 2008

jeddah - Secretary-General Ban Ki-moon has welcomed the decision by Saudi Arabia’s King Abdullah to convene a meeting of the world’s major oil producers to discuss ways of dealing with ...


International leaders discuss high oil prices

Monday, June 23rd, 2008

 Jeddah - An energy meeting, focusing on rocketing oil prices, concluded Sunday in Saudi Arabia's Red Sea city of Jeddah, with a statement calling for "improved" transparency and regulation in ...


What is causing the high prices?

Thursday, June 12th, 2008

Violence in Nigeria (Niger Delta) Iraq War Venezuela Crisis with Oil conglomorates and the US OPEC’s inability to do anything. - Some feel the assassination of the former Pakistani Prime Minister Benazir Bhutto increased ...


Oil prices look skyward - UPI Analysis

Wednesday, March 19th, 2008

Krishnadev Calamur, Washington (UPI) Mar 18, 2008, With the plummeting dollar, geopolitical uncertainty and investor speculation all being blamed for soaring oil prices, it is unclear whether U.S. Vice President ...