Kuwait to Back Quota Hike if Price High
6986
Major Gulf producer Kuwait will back  a hike of 1 million barrels per day in OPEC's output ceiling if  oil prices stay at record levels, a move that would bring  formal production limits in line with actual supplies.
329880
India News, New Delhi, Ending the suspense of the past few days, the government Friday decided not to increase prices of petroleum products, even as oil prices continued to rule at high levels in global markets.
525340
Kuwait plans to spend some $30 billion  to $40 billion to upgrade its energy sector, and to increase  oil production capacity 60 percent to four million barrels per  day by 2020, top oil officials said in remarks published in  local newspapers on Sunday.
53057
Saudi Arabia does not object to OPEC raising the current price band when oil-producing nations meet Sept. 15 and is negotiating the level with other oil-rich Gulf countries, a Saudi oil official said Sunday.
135928
New Delhi: The Indian government decided on Friday not to increase retail prices of petroleum products despite global crude oil prices reaching record highs, Petroleum and natural Gas Minister Mani Shankar Aiyar said.
140031
OPEC will consider raising its average price band at a meeting next week, but has forecast crude prices to fall by up to a third once elections in the US and Iraq are completed.
565337
The Government, which has already secured a line of confirmation on increasing prices from its key allies - the Left parties - is likely to moderate the hike in petrol and diesel prices that has become necessary due to a surge in crude oil prices.
439528
NEW DELHI: Kuwait&#39;s foreign minister said yesterday that Middle East oil exporters are producing at maximum capacity to stabilise prices that are being driven up by speculators from outside the region.
516284
LONDON, August 28 (IranMania) - Iran&#39;s OPEC governor said Friday that the high oil prices will continue to go up if the situation in Iraq deteriorates, stressing that the Iraqi crisis has coincided with an upsurge in the global demand for crude.
158014
Oil cartel expected to call for tighter compliance with official quota levels at Cairo meeting. CAIRO  - The OPEC oil cartel is unlikely to lower its official production ceiling when ministers meet
510305
New Delhi, October 15 :The Government on Friday decided not to increase petrol and diesel prices this fortnight. &quot;The Cabinet Committee on Economic Affairs has decided that prices of all petroleum products will be held at the same level.
606682
Iran will support any OPEC move to bring  crude oil prices back to acceptable levels following a recent  slide, Iran's OPEC Governor Hossein Kazempour Ardebili said on  Sunday.
489548
VIENNA: OPECâs core Gulf producers on Wednesday recommended the cartel raise supply quotas by one million barrels a day, four percent, Kuwaiti Oil Minister Sheikh Ahmad al-Fahd al-Sabah said.
458223
The Organization of Petroleum Exporting Countries (OPEC) decided on Wednesday to raise its oil production quota by one million barrels a day from Nov. 1 in a step to soothe market nerves over climbing oil prices.
7382
: Opec on Wednesday lifted oil supply quotas by one million barrels a day, 4 per cent, in a renewed bid to force down stubbornly high world crude prices.
378035
OIL prices edged higher in Asian trading today as the market waited for a decision by OPEC ministers on whether to cut the cartel&#39;s production when they meet in Egypt later today.
174570
OPEC ministers yesterday agreed to increase their ceiling for oil production to help bring down stubbornly high prices in a decision that traders and analysts