Group of Seven Wants More Oil Output
550367
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.
245812
LONDON -- Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said yesterday in an annual report.
63764
NEW YORK, September 15 (New Ratings) - The core Gulf members of the Organization of Petroleum Exporting Countries (OPEC) have reportedly recommended that the cartel&#39;s official output quota be boosted by 4%, or one million barrels per day.
258162
HOUSTON, Dec.7 -- After plummeting more than $7/bbl last week, crude futures prices bumped up Monday amid indications by several members of the Organization of Petroleum Exporting Countries that they might take action at their meeting Friday in Cairo to
460697
High oil prices pose a risk to the  global economy, but the economic outlook for 2005 is still  favorable, the Group of Seven nations said in a statement  following their meeting on Friday.
107797
OPEC, which pumps more than a third of the world&#39;s oil, is considering raising its oil-output targets at a meeting this week in Vienna, although that wouldn&#39;t necessarily mean more oil production, the Wall Street Journal
284642
U.S. Energy Secretary Sam Bodman repeated his plea on Monday for more oil from top exporter Saudi Arabia, undeterred by OPEC's cautious response to Washington's request so far.
6678
Saudi Arabia is raising its oil production capacity in an effort to cool the red-hot crude futures market. The world&#39;s largest oil exporter says it will raise capacity from 9.5 million barrels a day to 11 million barrels.
94846
The Middle Kingdom can't find enough oil to meet booming domestic demandÂand the world is paying the price at the pump
635100
JAKARTA, Indonesia -- The Organization of Petroleum Exporting Countries wants oil prices that traded near $50 a barrel last week before retreating this week to fall faster, and will discuss whether to increase production at a meeting next month, the
245804
JAKARTA The Organization of Petroleum Exporting Countries is united on the need to raise its oil price target to an average of $30 a barrel, a top Iranian oil official said on Thursday, but the cartel has yet to agree on when to move its price range higher
540141
Opec has raised its output quotas in an attempt to bring oil prices below $40 a barrel. The cartel of leading oil producers says it will pump another million barrels of crude a day, bringing total output to 27 million barrels a day.
459894
(MENAFN) An official at the International Energy Agency (IEA) said that an extra 3 million barrels per day (bpd) of production capacity worldwide is needed to avoid another year of blistering oil prices, Reuters reported.
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.
712693
VIENNA, Austria - OPEC will increase its oil production by 1 million barrels a day later this year in a move widely viewed as more symbolic than significant - given that the cartel is already exceeding the new quota.    Kuwaiti Oil Minister Sheik Ahmad Fahad al-Ahmad al-Sabah said Wednesday the cartel agreed to the decision to raise output by nearly 4 percent, adding it would take effect Nov...
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
254562
OPEC will increase its oil production target by 1 million barrels a day later this year in a move widely viewed as more symbolic than significant, given