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Latest OPEC Meeting News

  • Critics: G8 climate goal needs firm base line 9 Jul 2008 00:15 GMT
    ... Prime Minister Stephen Harper, left, Russia's President Dmitry Medvedev, centre, and U.S. President George ... The world will hold a major climate meeting in Copenhagen next year. Canada's Conservative government ... for 42 years and a request that OPEC increase production. Hardly a recipe for success ...

  • OPEC countries' oil exports expected to reach $1.251 trillion this year 8 Jul 2008 23:30 GMT
    ... U.S. oil baron T. Boone Pickens urged Americans to ... climate pact was hailed as progress by summit leaders, but slammed by some environmental groups. ...

  • OPEC to earn $1.251 trillion from oil exports 8 Jul 2008 22:13 GMT
    ... Toy manufacturers and gadget makers showcase the products that ... climate pact was hailed as progress by summit leaders, but slammed by some environmental groups. ...

  • Rising oil prices and Indian energy crunch 8 Jul 2008 21:31 GMT
    ... Rising oil prices and Indian energy crunch NO ONE is surprised by Prime Minister Manmohan Singh's ... his departure for Japan, that at the meeting of the G-8 and the "Outreach countries" ... than done. At the recent meeting of Opec ministers at Jeddah, India's finance minister P. ...

  • Tehran: Iran warns against attack 8 Jul 2008 20:51 GMT
    ... IRAN has warned it will "set fire" to Israel and US forces in response to any attack over ... while preparations were being made for a meeting between Mr Solana and top Iranian nuclear ... had not been determined. Iran, a leading OPEC member, insists its nuclear program is aimed ...

  • G8 demands Iran nuclear freeze 8 Jul 2008 20:51 GMT
    ... Iran has warned it will "set fire" to Israel and US forces in response to any attack over ... while preparations were being made for a meeting between Solana and top Iranian nuclear negotiator ... had not been determined. Iran, a leading OPEC member, insists its nuclear program is aimed ...

  • Crude plunges $5 on Economic Worries, Dollar Rises 8 Jul 2008 20:51 GMT
    ... NEW YORK - Oil slumped $5 on Tuesday in ... the Group of Eight said at a meeting in Tokyo that "The world economy is ...

  • 5:16amIran warns against attack 8 Jul 2008 20:12 GMT
    ... IRAN has warned it will "set fire" to Israel and US forces in response to any attack over ... while preparations were being made for a meeting between Mr Solana and top Iranian nuclear ... had not been determined. Iran, a leading OPEC member, insists its nuclear program is aimed ...

  • Iran warns against attack 8 Jul 2008 19:50 GMT
    ... IRAN has warned it will "set fire" to Israel and US forces in response to any attack over ... while preparations were being made for a meeting between Mr Solana and top Iranian nuclear ... had not been determined. Iran, a leading OPEC member, insists its nuclear program is aimed ...

  • Fooling investors 8 Jul 2008 19:13 GMT
    ... There could be better days ahead for investors in mutual funds with the Securities and Exchange ... said that he would be calling a meeting of trustees to find out if they ... find ways of cutting refining costs. The Opec producers have been saying that there is ...

  • Islamic Nations Adopt 10-Year Trade Plan at D-8 Summit 8 Jul 2008 19:12 GMT
    ... KUALA LUMPUR, Malaysia — Eight Islamic developing nations, led by Malaysia and Indonesia, agreed ... market of nearly 1 billion people. The meeting coincides with the Group of Eight summit ... declining oil reserves and investments. Iran is OPEC's second largest oil producer. Indonesia's production of ...

  • G8 says soaring oil, food prices threaten global economy 8 Jul 2008 18:30 GMT
    ... G8 says soaring oil, food prices threaten global economy TOYAKO, Japan (AFP) - Eight of the ... on the second day of an annual summit. was "facing uncertainty," although they remained positive ... oil production, but most members of the OPEC oil cartel remain firmly against an output boost, ...

  • G8 climate goal dismissed as 'empty slogan' 8 Jul 2008 16:11 GMT
    ... Prime Minister Stephen Harper, left, Russia's President Dmitry Medvedev, centre, and U.S. President George ... The world will hold a major climate meeting in Copenhagen next year. Canada's Conservative government ... for 42 years and a request that OPEC increase production. Hardly a recipe for success ...

  • G-8 worried about food, oil 8 Jul 2008 16:11 GMT
    ... RUSUTSU, Japan - Leaders of the Group of Eight economic powers warned Tuesday that surging oil and ... still exist.” Upon arriving for the three-day summit in northern Japan on Sunday, President Bush ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...

  • Going Back To 55 Is Foolish - And Response 8 Jul 2008 15:52 GMT
    ... Going Back To 55 Is Foolish - And Response Roy is right, going back to a 55 mph ... a bit knee jerk at the time. OPEC was playing the extortion game with us. ... to Cheney's super duper secret energy policy meeting predating the Iraq war and the consequences ...

  • (UPDATE) G8 says soaring oil, food prices threaten global economy 8 Jul 2008 15:34 GMT
    ... (UPDATE) G8 says soaring oil, food prices threaten global economy TOYAKO - Eight of the ... on the second day of an annual summit. The G8 nations -- Britain, Canada, France, ... oil production, but most members of the OPEC oil cartel remain firmly against an output boost, ...

  • G-8: Oil, food price surge a crisis 8 Jul 2008 15:32 GMT
    ... RUSUTSU, Japan (AP) -- Leaders of the Group of Eight economic powers warned Tuesday that surging oil ... still exist." Upon arriving for the three-day summit in northern Japan on Sunday, President Bush ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...

  • Irwin Kellner: Dollar is driving Fed decisions, not the economy 8 Jul 2008 15:31 GMT
    ... Last update: 10:24 p.m. EDT July 7, 2008 PORT WASHINGTON, N.Y. (MarketWatch) -- Like it or not, ... the greenback in the midst of the meeting of the Group of Eight (G8) world ... of the dollar has to oil, one OPEC chieftain was quoted as saying that each ...

  • G-8: Oil, food price warning 8 Jul 2008 15:17 GMT
    ... RUSUTSU, Japan (AP) -- Leaders of the Group of Eight economic powers warned Tuesday that surging oil ... still exist." Upon arriving for the three-day summit in northern Japan on Sunday, President Bush ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...

  • G-8 leaders say they are confident about global growth; oil, food inflation pose large risks 8 Jul 2008 15:16 GMT
    ... G-8 leaders say they are confident about global growth; oil, food inflation pose large risks The ... still exist." Upon arriving for the three-day summit in northern Japan on Sunday, President Bush ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...

  • Food, oil crises 'grave threats' 8 Jul 2008 15:15 GMT
    ... KUALA LUMPUR, Malaysia - The leaders of Malaysia and Indonesia on Tuesday called for boosting world ... Prime Minister Abdullah Ahmad Badawi told a summit of Islamic countries. The Developing Eight summit ... he said. President Mahmoud Ahmadinejad of Iran, OPEC's second largest oil producer, did not address ...

  • Iran warns against attack as G8 demands nuclear freeze 8 Jul 2008 15:13 GMT
    ... Iran warns against attack as G8 demands nuclear freeze TEHRAN (AFP) - Iran warned on Tuesday ... while preparations were being made for a meeting between Solana and top Iranian nuclear negotiator ... had not been determined. Iran, a leading OPEC member, insists its nuclear programme is aimed ...

  • G-8 worried about food, oil prices 8 Jul 2008 14:51 GMT
    ... Tuesday, July 08, 2008 at 9:17 a.m. Leaders of the Group of Eight economic powers warned Tuesday ... still exist." Upon arriving for the three-day summit in northern Japan on Sunday, President Bush ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...

  • Malaysia, Indonesia threatened by food, oil crises 8 Jul 2008 14:32 GMT
    ... "We must identity the bold measures that we need ... Prime Minister Abdullah Ahmad Badawi told a summit of Islamic countries. The Developing Eight summit ...

  • G-8 worried about food, oil; optimistic on economy 8 Jul 2008 14:32 GMT
    ... RUSUTSU, Japan - Leaders of the Group of Eight economic powers warned Tuesday that surging oil and ... still exist." Upon arriving for the three-day summit in northern Japan on Sunday, acknowledged that ... world's largest exporter of crude, or any OPEC members. French President Nicolas Sarkozy, a proponent of ...


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