Oil briefly topped $50 a barrel, boosted partly by expectations OPEC will agree on a deep supply cut this week to try to prop up prices. For full story, click here
OPEC oil ministers meet on Wednesday to remove a record 2 million barrels per day from oil markets as they race to balance supply with the world’s collapsing demand for fuel. For full story, click here
Oil prices were steady above $44 a barrel in Asia on Tuesday, a day before investors expect OPEC to announce a big production cut. For full story, click here
Europe’s largest ever meeting of oil and gas industry flow metrologists recently took place at the International North Sea Flow Measurement Workshop in St Andrews. For full story, click here
Wednesday, December 31, 2008