OPEC

OPEC Top Official Sees $110 A Barrel As Fair
VIENNA (AP) — OPEC’s secretary general says oil prices could rise by about $25 from their present levels without threatening the world economy. Crude prices have dropped steeply in recent months with the U.S. benchmark selling Friday at just below $85 a barrel. That’s about 20 p…
Oil Searches For Direction As OPEC Meets
The price of oil is struggling for direction as OPEC ministers debate how much oil to produce while global economic growth is slowing. Benchmark crude rose 10 cents to $82.72 per barrel Thursday in New York. Brent crude fell 24 cents to $96.48 per barrel in London. Members of the Organization of the…
Oil Rises Ahead Of Key OPEC Meeting
The price of oil is rising ahead of a key OPEC meeting in Vienna. Benchmark oil increased 64 cents to $83.34 per barrel Tuesday in New York. Brent crude fell 50 cents to $97.50 in London. When the Organization of Petroleum Exporting Countries meets Thursday, members such as Iran and Venezuela will l…