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March 2004
March 31, 2004
OPEC Ministers Agree to Reduce Oil Production Quotas
OPEC ministers have decided to cut oil production quotas by 4%, equating to one million barrels per day, despite high prices. The U.S. government is…
March 27, 2004
Ibrahim Biparva's Interview with Dr. Cyrus Bina, Economics Professor, on OPEC's Decision to Cut Production - 2004-03-27
Dr. Cyrus Bina analyzes OPEC's decision to reduce oil production and its implications for oil prices and the economies of member countries, especially Iran. This…
March 18, 2004
Oil Prices Reached $38 per Barrel - 2004-03-18
Oil prices have surged to over $38 per barrel, the highest since 1990, due to declining gasoline production amid rising demand. Investors anticipate further price…