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		<title>Arabianbusiness.com - Organisation of the Petroleum Exporting Countries (OPEC)</title>
		<description>ArabianBusiness.com - Business and Industry News coverage of the Middle East including Stock Markets, Events, Video and Audio.</description>
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		<pubDate>Fri, 27 Nov 2009 10:00:21 +0400</pubDate>
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			<title>Gulf nations to see solid growth in 2010</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574362&amp;Itemid=1</link>
			<description><![CDATA[Qatar is predicted to outperform the rest of the region, Saudi and UAE to grow more modestly - poll.]]></description>
			<category>Politics &amp; Economics | News</category>
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			<title>OPEC chief calls for climate talks compensation</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574191&amp;Itemid=1</link>
			<description><![CDATA[Poorer oil-producers should get financial aid if Copenhagen talks agree to cut use - Badri.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574191&amp;Itemid=1</guid>
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			<title>Oil slips towards $79 on dollar, demand concern</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574087&amp;Itemid=1</link>
			<description><![CDATA[Doubts about pace of demand recovery in US dampens market sentiment.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574087&amp;Itemid=1</guid>
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			<title>No output quota changes at OPEC meet - Qatar oil min</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574014&amp;Itemid=1</link>
			<description><![CDATA[Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=574014&amp;Itemid=1</guid>
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			<title>Oil rises above $80 as dollar slips, stocks rise</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573960&amp;Itemid=1</link>
			<description><![CDATA[US dollar slips against basket of other currencies, helping drive commodities higher.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573960&amp;Itemid=1</guid>
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			<title>World oil demand to grow 700,000 bpd in 2010 - OPEC</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573124&amp;Itemid=1</link>
			<description><![CDATA[Global demand contraction seen easing in Q4; China, India to lead economic growth.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573124&amp;Itemid=1</guid>
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			<title>No need for more OPEC oil - official</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573109&amp;Itemid=1</link>
			<description><![CDATA[Oil cartel OPEC is not expected to change its policy on production levels when it meets in December.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573109&amp;Itemid=1</guid>
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			<title>Oil drops to $79 as hurricane weakens</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573083&amp;Itemid=1</link>
			<description><![CDATA[Threat of storm Hurricane Ida in US Gulf of Mexico eases; higher US crude oil stocks seen.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=573083&amp;Itemid=1</guid>
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			<title>Raising output not on OPEC agenda now - UAE oil min</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572742&amp;Itemid=1</link>
			<description><![CDATA[Mohammed Al Hamli says the world economy is not yet 'out of the woods'.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572742&amp;Itemid=1</guid>
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			<title>UAE in Profile</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572473&amp;Itemid=1</link>
			<description><![CDATA[The state of play in the region’s most dynamic upstream market.]]></description>
			<category>Energy | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572473&amp;Itemid=1</guid>
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			<title>Fundamentals not behind high oil price - Qatar</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571661&amp;Itemid=1</link>
			<description><![CDATA[Qatar's Oil Minister says there is no global oil supply shortage at present.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571661&amp;Itemid=1</guid>
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			<title>OPEC will raise output if oil price hits $100</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571615&amp;Itemid=1</link>
			<description><![CDATA[Group's president says action would be taken in Dec to protect global recovery.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571615&amp;Itemid=1</guid>
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		<item>
			<title>Iraq's oil power grows, but firms eye election</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571315&amp;Itemid=1</link>
			<description><![CDATA[Iraq has taken a step closer to becoming a giant on the global oil stage, but politics may yet stall growth plans.]]></description>
			<category>Energy | Features</category>
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			<title>Oil price rises above $75, hits new high for 2009</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=570539&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 2: Oil surges for fifth day, boosted by weak dollar and global economic optimism.]]></description>
			<category>Energy | News</category>
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			<title>OPEC sees stronger 2010 world oil demand</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=570420&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 3: Demand for OPEC crude to increase to  average 28.39m bpd in 2010.]]></description>
			<category>Energy | News</category>
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			<title>Oil price boosts Kuwait's earning power</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569083&amp;Itemid=1</link>
			<description><![CDATA[Kuwait has earned 80 percent of its annual income in the first five months of fiscal year.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569083&amp;Itemid=1</guid>
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		<item>
			<title>Non-fundamental forces still shoring up oil</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569061&amp;Itemid=1</link>
			<description><![CDATA[Bearish fundamentals have begun to weigh on previously resilient crude prices.]]></description>
			<category>Energy | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=569061&amp;Itemid=1</guid>
		</item>
		<item>
			<title>The only way is up?</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568421&amp;Itemid=1</link>
			<description><![CDATA[Oil has risen 59% in 2009 but with supply outpacing demand amid the global downturn, pressure on prices will remain.]]></description>
			<category>Energy | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568421&amp;Itemid=1</guid>
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		<item>
			<title>Saudi oil minister says no need for OPEC cuts in 2010</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568284&amp;Itemid=1</link>
			<description><![CDATA[Latest supply and demand estimates show no need for cuts, says Ali al-Naimi.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568284&amp;Itemid=1</guid>
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		<item>
			<title>Oil price falls to $70 on weak global demand</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568228&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 1: Crude price drops amid concerns about pace of economic recovery.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568228&amp;Itemid=1</guid>
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		<item>
			<title>Oil falls to around $72 after stock rise</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568083&amp;Itemid=1</link>
			<description><![CDATA[Oil prices hit, as swollen US distillate stocks such as diesel offset positive sentiment in other markets.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=568083&amp;Itemid=1</guid>
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		<item>
			<title>OPEC sees modest economic recovery in 2010</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567856&amp;Itemid=1</link>
			<description><![CDATA[Cartel leaves demand forecast unchanged though as recovery likely to be patchy.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567856&amp;Itemid=1</guid>
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		<item>
			<title>Saudi loses out to Russia after oil cuts</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567573&amp;Itemid=1</link>
			<description><![CDATA[Analysts say Saudi cuts in output to prop up crude has seen Russia snatch a bigger chunk of the market.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567573&amp;Itemid=1</guid>
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		<item>
			<title>Is less more?</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567276&amp;Itemid=1</link>
			<description><![CDATA[OPEC cuts have bolstered the oil price to $70 – unthinkable in January. Daniel Canty, editor of Oil & Gas Middle East, asks is there is still a case for further cuts?]]></description>
			<category>Energy | Features</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567276&amp;Itemid=1</guid>
		</item>
		<item>
			<title>OPEC members voice fears over slow recovery</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567338&amp;Itemid=1</link>
			<description><![CDATA[Oil cartel holds output steady as 'grave concerns' are voiced over downturn.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567338&amp;Itemid=1</guid>
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		<item>
			<title>Saudi minister sees shift in strong oil market</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567319&amp;Itemid=1</link>
			<description><![CDATA[Price now being driven by economic growth; markets ignoring high levels of inventory. ]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567319&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Saudi leads call for no change ahead of OPEC meeting</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567265&amp;Itemid=1</link>
			<description><![CDATA[OPEC ministers likely to leave oil output targets unchanged, Saudi says no need for action.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=567265&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Saudi prince urges US to recognise oil dependency</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566800&amp;Itemid=1</link>
			<description><![CDATA[US has no alternative to oil to meet its massive energy need - Turki Al Faisal. ]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566800&amp;Itemid=1</guid>
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		<item>
			<title>OPEC to maintain offical output at Vienna meet - poll</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566761&amp;Itemid=1</link>
			<description><![CDATA[Analysts expect OPEC to choose to leave its official output target unchanged, in next week's meet.]]></description>
			<category>Energy | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566761&amp;Itemid=1</guid>
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		<item>
			<title>Qatar's Attiyah says OPEC likely to keep output steady</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566322&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 1: Last year, OPEC agreed to cut output by roughly 5% of daily world demand.]]></description>
			<category>Energy | News</category>
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