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Latest OPEC & Heavy Crude News

  • Fooling investors 8 Jul 2008 19:13 GMT
    ... find ways of cutting refining costs. The Opec producers have been saying that there is ... going in for light crude and not heavy crude of which there is plenty. ...

  • Oil: The New Reality 8 Jul 2008 15:58 GMT
    ... sources to meet this rise in demand: OPEC production is expected to climb by 12 ... and nonconventional sources [tar sands, shale oil, heavy crude, and biofuels] by 7 million. Whether producers can actually achieve these increases is highly ...

  • Oil futures begin to look brighter 5 Jul 2008 18:13 GMT
    ... the struggling economies of the West and Opec had been pointing fingers at one another. ... that the world needs, not more Saudi heavy crude. Perhaps it was not a coincidence that the record jump in price came only ...


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