Vienna - The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) jumped to a new record high on Tuesday, the Vienna-based OPEC secretariat said on Wednesday.
Vienna - The Austrian oil and gas group OMV said Wednesday that profits and operating earnings increased significantly, as rising oil prices offset the burden of the weaker US dollar.
Vienna - Austria's flag carrier Austrian Airlines(AUA) said Monday that a key Saudi investor was set to pull out of a 150-million-euro (232-million-dollar) deal designed to shore up the ailing air