May 2004
Mohammad Reza Shah's Conversation with Dr. Khosrow Pakbaz about Rising Oil Prices - 2004-05-29
Mohammad Reza Shah spoke with Dr. Khosrow Pakbaz regarding the increase in oil prices. OPEC is set to meet in Beirut to discuss the potential…
Oil Prices Decrease on Thursday
Oil prices fell on Thursday after OPEC hinted at a possible increase in production quotas. This decrease is influenced by psychological factors related to market…
OPEC Postpones Decision on Increasing Oil Production to Next Month - 2004-05-22
OPEC has delayed its decision on increasing oil production until next month, despite concerns over rising global oil prices. Saudi Arabia has proposed a significant…
Oil prices surpassed $40 per barrel for the first time in 13 years on Tuesday - 2004-05-12
Oil prices have risen above $40 per barrel for the first time in 13 years, driven by trader speculation amid doubts about OPEC's production adjustments.…
Saudi Arabia Urges OPEC to Increase Daily Oil Production
Saudi Arabia has called on OPEC to boost daily oil production by at least 1.5 million barrels to maintain market balance. This request follows a…
OPEC Oil Ministers: OPEC Not Responsible for Rising Oil Prices
OPEC oil ministers deny responsibility for the surge in oil prices, promising a future decrease. The UAE oil minister expressed concern over prices reaching $40…