Opec

Oil production from OPEC's 12 members hit 30. 785 million barrels per day in November the highest level in three years
with Saudi Arabia pumping almost 10 million bpd

Organisation of Petroleum Exporting Countries (OPEC) oil production declined by 130,000 barrels per day (bpd) to 30 million bpd in September, mainly due to lower volumes from Saudi Arabia and

Oil producing group OPEC cut its global oil demand growth forecast for a fourth consecutive month on Tuesday, citing an economic downturn in developed countries and efforts by China and

OPEC's failure to agree to raise output will hurt Asian economies which already spend heavily on fuel subsidies, S Jaipal Reddy, oil minister of India, the world's fourth-largest oil importer,

Oil rose in Asian trade Thursday after OPEC failed to agree to raise output to aid a faltering global economy, analysts said.

New York's main contract, light sweet crude for

Oil was mixed in Asian trade Wednesday ahead of an OPEC ministerial meeting due to take place later in Vienna, analysts said.

New York's main contract, light sweet crude for