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Guy Vanderelst, Getty Images
Guy Vanderelst, Getty Images
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OPEC to Keep 30-Million Barrel Output Target

OPEC oil ministers have decided to keep a production target of 30 million barrels a day, citing mounting world economic concerns for their decision.

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Obama Urges Shift to New Energy Technologies

President Barack Obama is making his most urgent appeal yet for the nation to wean itself from oil, calling it a "fuel of the past."

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Iran Warns of Cutting Off Oil Exports

Iran's official news agency is quoting a top official as saying Iran will close the Strait of Hormuz, cutting off oil exports, if the West imposes sanctions on Iran's oil shipments.

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Category: Latest News Tags: ,

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