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Austria, Oil Timeline Tuesday, May 14 Bookmark and Share     Author
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  Oil falls as Opec ministers meet
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Opec (3)
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  Oil rises on Opec production curb
  OPEC holds steady on output levels

year 2009 Top ^

Sep.10
  OPEC agreed to leave current production levels unchanged, citing an oversupplied market and downside risks associated with the fragile recovery

year 2008 Top ^

Sep.9
  Oil prices have risen to $104 a barrel in Asian trade, reversing earlier losses, after OPEC agreed to return to 2007 production levels
  Brent crude has fallen below $100 for the first time since April, as traders predict Opec will stick to current output levels
  Saudis: No need to cut OPEC output
  Saudi Arabia suggested that a meeting of oil ministers of the OPEC will decide to keep crude production steady, despite concerns over prices

year 2004 Top ^

Mar.31 OPEC agrees to cut oil output  OPEC has followed through on a promise to cut production by 4% to keep crude oil prices near 13-year highs

year 2003 Top ^

Apr.23 OPEC set to curb oil output  Ministers are expected to tighten the taps on production to bump up oil prices that have fallen 30% Mar.11 OPEC to cover war oil shortfall  10-nation organization has agreed to raise oil output should supplies be disrupted due to war in Iraq Jan.12 OPEC to raise daily oil output
  On February 1 OPEC will boost oil output target by 1.5 million barrels a day to 24.5 million barrels a day

year 2002 Top ^



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