Gholamhossein Nozari
latest news & developmentsOpec set to rebuff consumer appeal for more oil
The Organisation of the Petroleum Exporting Countries (Opec) on Thursday looked set to rebuff consumer calls for more crude oil, saying it was powerless to help stave off…
Oil leaders’ private debate televised by mistake
”Kill the cable, kill the cable,” shouted the security guard as he burst through the double doors into the media room at the Intercontinental Hotel in Riyadh, followed by Saudi…
Oil leaps to $96 high on US inventory drop
Oil leaped more than 1% on Thursday, briefly topping for the first time and extending the previous day’s 5% jump after an unexpected sharp fall in United States crude stocks and…