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[MIDDLE EAST] Iraq's Oil Output Is Highest Since U.S.-Led InvasionIraq's daily oil production is at its highest level since the March 2003 U.S. invasion, in large part thanks to improved security, according to a Pentagon audit. ``Iraqi oil production set new records this quarter, with output reaching 2.43 million barrels per day, the highest... |
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Iraq's oil output is highest since invasion, U.S. auditor saysIraq's daily oil production is at its highest level since the March 2003 U.S. invasion, in large part thanks to improved security, a new U.S. audit says. ... |
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Senate Energy-Speculation Bill Is BlockedSenate Republicans blocked a bill to curb energy speculation and called for expanding oil output and nuclear power. ... |
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Oil rises above $136 after slumpLONDON (Reuters) - Oil rose above $136 a barrel on Thursday, as investors resumed buying after its recent sharp drop and boosted by fresh cuts to Nigerian oil output. ... |
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Era of cheap oil overJun. 23 - Saudi Arabia promised to boost oil output, but prices moved higher with analysts saying the era of cheap oil is over. The White House welcomed Saudi’s output increase, but sought to dampen any expectations that it would do much to ease record U.S. gasoline prices. ..... |
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Kuwait to raise oil output by 300,000 bpd next yearKuwait City - Kuwaiti Minister of Oil Mohamed al-Olaim has pledged that Kuwait would raise its oil production by 300,000 barrels per day by mid-2009 and invest 55 billion dollars on oil projects in the next five years, reports said Tuesday. Kuwait ha... ... |
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