OPEC revises up 2010 world oil demand

Agency Cuts 2009 Global Oil Demand Forecast
World oil demand will dive by 2.4 million barrels per day in 2009, the International Energy Agency said, citing the impact of the prolonged economic recession.

Report: OPEC wants to stay out of Iran-West spat
OPEC's acting president said the producer group should stay out of political battles, Iran's official IRNA news agency reported Sunday, an apparent bid by the bloc to steer clear of a...

Official: Libya to hit full oil output by mid-2012
Libya's oil chief says he expects the OPEC member state's oil output to return to prewar levels by mid 2012.

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