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Iran says OPEC will not boost output

Reuters Sat, May 17

By Hashem Kalantari
TEHRAN (Reuters) - Iran's oil minister rejected on Saturday any idea of OPEC raising production, saying it would fail to ease record prices as the market was already "saturated" with oil.

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  1. Iran's Oil Minister Gholamhossein Nozari smiles while attending a news conference in Tehran in this February 2, 2008 file photo. REUTERS/Morteza Nikoubazl/Files
    Iran says OPEC will not boost output Reuters - Sat, May 17

    By Hashem Kalantari
    TEHRAN (Reuters) - Iran's oil minister rejected on Saturday any idea of OPEC raising production, saying it would fail to ease record prices as the market was already "saturated" with oil. 

  2. ONGC margins seen at $110/bbl in April-May - paper Reuters - Sat, May 17

    MUMBAI (Reuters) - India's top oil explorer, Oil and Natural Gas Corp (ONGC) expects gross billing margins at $110 per barrel in April-May, its top executive told the Business Standard in an interview published on Saturday. 

  3. Works of 'World's Worst Poet' rakes in more than Harry Potter at auction! ANI - Sat, May 17

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  5. Gay, lesbian couples common in animal kingdom, say researchers ANI - Sat, May 17

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  6. Apple and purple grape juices may prevent clogged arteries ANI - Sat, May 17

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  7. Bharti, MTN talks to close this weekend - paper Reuters - Sat, May 17

    MUMBAI (Reuters) - Bharti Airtel Ltd and South African telecoms operator MTN Group may complete their merger talks this weekend, Mint newspaper reported on Saturday, citing financial industry sources. 

  8. Thousands flee to hills as China lake banks burst Reuters - Sat, May 17

    BEIJING (Reuters) - Thousands fled as a lake burst its banks in Beichuan, near the epicentre of China's earthquake in which a total 50,000 people may have died, a Reuters photographer said. 

  9. Veteran Marxist leader Harkishan Singh Surjeet slips into coma PTI - Sat, May 17

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