"New OPEC Cut Would Push Oil Prices Higher-IEA"
If OPEC decides to cut oil production levels again at its March meeting, that would further tighten global petroleum supplies and put upward pressure on oil prices, the head of the International Energy Agency said on Friday. "Our current projection suggests that (world oil supplies are) tightening, and a further (OPEC) cut.....Complete Story
"Crude Oil Surges on Speculation Plunge Earlier This Week Was Unjustified"
Crude oil rose the most in three weeks on speculation that a 9.6 percent drop in prices this week was larger than justified as governments implement stimulus programs....Complete Story
"Norwegian Oil Firm Goes to Energy's Last Frontier"
A Norwegian oil company has gone to the ends of the earth to get at some of the world's last untapped energy resources....Complete Story
"OPEC Members Carry Out 65% of Production Cuts So Far"
Members of OPEC have implemented nearly two-thirds of the production cuts of 4.2 million barrels per day that they agreed to last September, an OPEC report showed Friday....Complete Story
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