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Posts Tagged ‘ Oil Exporter ’

Indonesia to Withdraw from OPEC Due to High Oil Prices

May 28th, 2008 | By Jennifer Yousfi | Category: Oil Investment & Alternative Energy

Indonesia, the sole Asian member of the Organization of the Petroleum Exporting Countries (OPEC), will withdraw from the oil cartel at the end of this year.



Saudi Arabia Agrees to Increase Oil Output After Crude Hits Another New High

May 19th, 2008 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

Oil soared to yet another record high on Friday after Goldman Sachs Group Inc. (GS) raised its price forecast for the second half of the year.



Venezuela’s Economy is Booming

Apr 25th, 2008 | By Manraaj Singh | Category: International Investing

“Being rich is bad,” declares Venezuela’s president. But someone’s forgotten to tell his people. Because this place isn’t some dour socialist paradise… you can see the money everywhere!