OPEC oil ministers have decided on Thursday to maintain crude production at existing levels. The organization noted that prices around $60 a barrel is appropriate and expressed satisfaction over available supplies ahead of the high-demand American...
The international crude price slips 1.7 percent to below $70 per barrel owing to the death of the dreaded al-Qaida leader Abu Musab al-Zarqawi in Iraq. The crude supply from Iraq had been restrained due to the frequent attacks and instability, but the...
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