OPEC gathers to tame the rally no one wanted

Article Abstract:

The petroleum producing countries around the world are meeting to increase production because low supply and high prices have caused consumers to get angry and producers to fear economic and political repercussions.

International Affairs, Crude Petroleum, Organization of Petr Expt Countries, Statistical Data Included, Industry Overview, Economic policy

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Why oil prices may head lower, for now

Article Abstract:

Increased production, a sluggish US economy, and decreased demand are factors that have contributed to a recent drop in oil prices. Article offers forecasts for the international petroleum market in the near future.

Forecasts, trends, outlooks, Production management, Organization of Petroleum Exporting Countries, Petroleum refining, Forecasts and trends, Market trend/market analysis, Industry forecasts

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China's growth pumps up price of crude oil

Article Abstract:

The growth of the Chinese economy has led to a rise in oil prices compared to a year ago. Chinese demand has caused world oil prices to rise to higher than 25.73 euros per barrel.

China

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