VIENNA - OPEC's stunning admission of major dissent within its ranks has left it reeling and its status as the world's oil power-broker tarnished, perhaps beyond repair. But is a weakened cartel good or bad for consumers?
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 5 MONTHS AGO
ISTANBUL - The collapse of another attempt at international outreach to Iran on Saturday has left world powers with few options except to wait - and hope that the bite of sanctions will persuade Tehran to reconsider its refusal to stop activities that could be harnessed to make nuclear weapons.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 9 MONTHS AGO
MOSCOW - Russia announced Friday it will begin the startup this week of Iran's only atomic power plant, giving Tehran a boost as it struggles with international sanctions and highlighting differences between Moscow and Washington over pressuring the Islamic Republic to give up activities that could be used to make …
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 3 MONTHS AGO
VIENNA - Investors pushed oil prices up to near $50 a barrel on Thursday as they brushed off poor U.S. economic news and focused on a possible second half recovery in global crude demand.
HUNGRY HORSE NEWS | UPDATED 15 YEARS, 8 MONTHS AGO
VIENNA - Investors brushed off poor U.S. economic news and focused on a possible second half recovery in global crude demand on Thursday, pushing oil prices up to near $50 a barrel.