OPEC to Keep Grip in 2005 as Supply Lags Demand
The world’s dependence on OPEC’s oil is expected to increase again next year, supporting cartel efforts to keep prices high as robust demand growth outpaces non-OPEC output, a Reuters survey found on Monday.
July 11, 2004
Global oil capacity growth hinges on mega-projects
The smooth, prompt start-up of about a dozen big-ticket oil projects over the next 18 months is more important than ever to meeting global oil demand growth and keeping prices under control, analysts say.
June 30, 2004
Syria welcomes U.S. oil deals despite sanctions
Syria continues to sell oil to U.S. companies and encourage U.S. investment in its energy sector, despite Washington’s unilateral sanctions, Oil Minister Ibrahim Haddad told Reuters.
June 3, 2004