ENERGY: OPEC Looks to the Future, Its Clients to the Present

The Organisation of Petroleum Exporting Countries (OPEC) is not likely to give in to pressure from consumer nations to curb record high oil prices after this weekend’s meeting of OPEC heads of state and government in Riyadh.

ECONOMY-CHINA: Jittery as Fuel Prices Surge

China’s fast-growing economy might appear impervious to rising oil prices but government leaders are jittery as crude surges toward the sensitive 100 US dollar mark.