Archive for Upcoming Events

Iran Expects OPEC Supply Cut as Heavy Oil Demand Weak
The Organization of Petroleum Exporting Countries will eventually have to cut production of lower-quality crude as warmer weather in the northern hemisphere reduces demand for oil, Iran’s OPEC governor said today.

Oil stockpiling may get key tests today
The Senate and House are both expected today to approve legislation to stop the Bush administration from adding more oil to the Strategic Petroleum Reserve.

Hearings planned on energy market speculation
NEW YORK (Reuters) - A House committee has started investigating speculation in energy markets, with plans to hold hearings in May and June, the Wall Street Journal said on Monday, citing a Democratic aide and several other people invited as witnesses.