3 Gulf states promise to increase oil output to stabilize price
39769
Three Gulf countries -- the United Arab Emirates (UAE), Kuwait and Saudi Arabia -- promised Sunday to increase their oil output capacity to help stabilize world prices, the official WAM news agency reported.
490727
Oil prices steadied on Friday,  attempting to end a five-day rout as an end to a three-week  uprising in the Iraqi city of Najaf was balanced against  renewed pipeline attacks.
316197
Initially criticized for a weak response, Gulf states have increased giving as much as 100-fold.
39804
ABU DHABI Saudi Arabia, Kuwait and the United Arab Emirates vowed Sunday to go on expanding their production capacity to deflate record oil prices of above $53 a barrel, and Saudi Arabia, the biggest exporter, said it could bring on 1.5 million barrels a
547457
Crude oil prices rose for a third day in four yesterday amid concern about the loss of production and possible damage from Hurricane Ivan, which passed just east of Gulf of Mexico production platforms.
51105
Kuwaiti FM says his country is producing oil at maximum capacity to try to stabilise oil prices. NEW DELHI - Kuwait&#39;s foreign minister said Wednesday his government was pumping crude to maximum capacity to
702752
Three oil companies, led by Chevron   Corp. CVX.N, have successfully drilled for oil in the Gulf of   Mexico's deep waters, suggesting there may be more oil in the   region that already provides a quarter of U.S. output, the   companies said on Tuesday.
124429
THE UAE and Kuwait plan to increase oil production capacity by nearly 3,00,000 bpd and 2,00,000 bpd respectively in the short term in a bid to stabilise the market, which has been rocked by high oil prices touching $53 per barrel prior to the week end.
185785
U.S. oil prices climbed above $43 on  Monday as energy companies operating in the Gulf of Mexico  braced for possible widespread output disruptions from a  powerful hurricane and Iraq saw some of the bloodiest violence  in weeks.
77814
WASHINGTON -- Tests of a deep-water well in the Gulf of Mexico could indicate a significant oil discovery, three companies announced Tuesday, in the first project to tap into a region that reportedly could boost U.S. oil and gas reserves by as much as 50 percent.
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.
217983
The world's top finance officials on  Friday asked oil-producing nations to step up output and agreed  it was crucial to work out exactly why prices have soared to  levels that threaten global growth.
576642
Major Gulf oil producer Kuwait will back a hike of 1 million barrels per day in OPEC&#39;s output ceiling if crude prices remain at record levels, a move
435723
Saudi Arabia is urging global oil stocks be increased before the world&#39;s crude oil cartel consider cutting output. Members of the Organization of Petroleum Exporting Countries
726282
Saudi Arabia says it is ready to push an extra 1.3 million barrels a day of oil into the market, to help reverse surging prices.
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.
359938
SAUDI minister Ali al-Naimi sought to take some of the heat out of the oil market, by promising that his Kingdom could pump an extra 1.5m barrels a day &#39;immediately&#39; if demand increases.