Opec meets to decide on oil output targets
Opec is due to hold a meeting to decide on oil production levels, with markets expecting it to keep it's target of 24.84 million barrels per day.
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Ghana turns on commercial oil production
Ghana joined the ranks of African oil exporters on Wednesday, turning on the taps to about $1-billion of annual crude revenues from an offshore field.
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Opec stays the course, hopes for high prices
Opec ministers on Thursday decided to "stay the course" and keep output steady as they bet on a strengthening economy to boost oil prices.
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Opec banks on end of recession to drive oil prices
Oil ministers appear ready to sit back and let a recovering economy lift crude prices instead of trying to bolster them by cutting back production.
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Upside to the crisis?
The global financial crisis presents a "great" opportunity to create a socially just economic system, an economic researcher said on Wednesday.
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Angola backs budget, may cut spending if oil stays low
Angola approved a $42-billion spending plan for 2009 despite fears the recent slump in oil prices will increase the country's budget deficit.
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Is oil going back under $100 a barrel?
Is it over? Was that the oil shock? Can we relax, sit back and expect our energy bills and prices at the pumps to tumble?
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Iran official says $100 oil price 'appropriate'
Iran's Opec governor said an oil price of $100 per barrel was "appropriate" in current conditions, the Oil Ministry's news agency Shana reported.
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Opec may cut output if price trends down
Opec should consider cutting oil production at the next meeting if member nations determine that recent price declines constitute a downturn.
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Nigeria militants repeat attack warning to firm
Nigeria's main militant group repeated its warning on Sunday that it will target foreign workers with the country's biggest construction firm.
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