ABU DHABI — OPEC hedged its bets yesterday, opting to keep production steady but setting a new meeting for Feb. 1 to raise output if prices skyrocket. Benchmark crude prices rose on word of the decision, but the prospect of a review early next year – Read More…

Abu Dhabi, Dec 5 Opec agreed on Wednesday to keep exports unchanged, rebuffing consumer country calls for more crude to rein in $90-a-barrel oil. The Organization of the Petroleum Exporting Countries justified the deal saying that it is already pumping Read More…