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Shares plummet on recession fearsEuropean stocks fall sharply on recession fears as the UK economy starts contracting and Opec cuts oil output. ... |
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OPEC to cut oil output as prices plunge: analystsLONDON, (AFP) - OPEC will Friday announce it is cutting oil output to help lift crude prices that have dived 55 percent since striking record highs in July, as a global economic slowdown slashes demand, analysts said. ... |
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OPEC's Khelil wants 'substantial' cut in oil outputALGIERS (AFP) - OPEC will need to order a "substantial" cut in oil output at next week's emergency meeting in Vienna, Algerian Energy Minister and current OPEC chief Chakib Khelil said Saturday. ... |
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OPEC Will Curtail Oil OutputOPEC ministers decided to scale back output in the face of falling prices and slowing demand growth. ... |
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In a surprise decision, OPEC cuts oil output - SummaryVienna - The Organization of the Petroleum Exporting Countries (OPEC) decided early Wednesday to cut its output by around 520,000 barrels a day - contrary to earlier indications - in a bid to stem falling oil prices. The cartel said the market was ov... ... |
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Iraq economic outlook 'improves'Iraq's economic prospects have improved, thanks to better security, increased oil output and exports, says an IMF review. ... |
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