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December 2002
December 21, 2002
OPEC Oil Production Will Increase in Case of War with Iraq - 2002-12-21
Saudi Arabia and other OPEC members are prepared to increase oil production in response to potential war with Iraq, aiming to stabilize oil prices. This…
December 12, 2002
OPEC Oil Production Cut - 2002-12-12
OPEC has decided to cut oil production by up to 1.7 million barrels per day to stabilize high prices amid concerns of conflict in the…
December 11, 2002
Saudi Arabia Asks Other OPEC Members to Reduce Oil Production
Saudi Arabia is urging OPEC members to cut oil production by 8% to avert a significant drop in oil prices. This request comes from Oil…