The leaders of OPEC have a long list of culprits for high oil prices: the falling dollar, U.S.-Iranian tensions, and shady speculators.
Opec 'lost $700bn on cheaper oil'
Opec members have lost about $700bn (£467bn) because of falling oil prices, the cartel's president says in an interview.
Oil prices fall on economy fears
Oil prices fall on more bad economic news and after Opec hinted it would not cut oil production soon.
Oil blows past $70 as stocks rally
Oil prices rose above $70 a barrel Tuesday, propelled by a slipping dollar, a stronger equities market and OPEC production cuts, as Americans went to...
Opec head urges production cuts
Opec countries must implement agreed production cuts if they want stable oil prices, warns the cartel's president.
Oil sinks to 17-month low
Oil prices fell to 17-month lows below $62 a barrel Monday in Asia as investors weighed Friday's OPEC output cut against growing evidence of a severe...
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