Mohammad Ali Khatibi | Al Bawaba

Mohammad Ali Khatibi latest

Countries like Iran say that OPEC should bring down production as demand has come down in Western nations

December 11th, 2012 - 08:49 GMT

Watching this space: Crude oil parties await the OPEC meeting

Markets, are turning their eyes to Vienna where an OPEC meet is scheduled Wednesday 12 December that will addresses crude oil performance.

Oil Tanker

July 29th, 2012 - 08:08 GMT

Iran tries to dodge EU sanctions with insurance scheme

OPEC Gulf Arab producers Saudi Arabia, Kuwait and the UAE, however, have so far shown no sign of concern about falling prices

October 10th, 2011 - 02:41 GMT

Oil price below $90 unacceptable