Yearly Archives: 2007

Oil in its peak as Turkey pushes for Cross Border Operation

  Oil hit a record over $84 a barrel Friday on mounting tensions between Turkey and northern Iraq and lingering supply concerns ahead of the Northern Hemisphere winter. US crude rose 68 cents to $83.76 a barrel after trading up to a record $84.05 a barrel earlier. London Brent crude …

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Iran to Import 15 mln Liters of Fuel

Iran’s Oil Ministry will provide funds to import up to 15 million liters of gasoline a day, an Iranian oil official said on Sunday, less than half the amount the OPEC state shipped in before fuel rationing began in June.

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Iraqi Shiite Leader Seeks Iran-US Talks

The son of one of Iraq’s most senior statesmen on Saturday called for more dialogue between the United States and Iran as Shiites took their turn celebrating the end of the Islamic holy month of Ramadan.

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