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OPEC oil price continues to slide

OPECVienna - The price for crude oil produced by the Organization of the Pet

Austrian woman finds dead frog in frozen spinach

Populist touch and media buoy Social Democrat FaymannVienna - It might have been considered a delicacy in some parts of the world, but a Vienna woman lost her appetite when she discovered a dead frog in frozen spinach she was cooking, Austrian daily Oesterreich reported Tuesday.

"Any green vegetable sickens me now," the 32-year-old woman told the newspaper after having found the brown amphibian in what was supposed to be her dinner.

Hyundai seeks foothold in global mobile phone business

Hyundai LogoVienna - Starting from Europe, the South Korean industrial conglomerate Hyundai Corporation is in the process of entering the global mobile phone business, Hyundai's distribution partner said Tuesday in Vienna.

Hyundai Mobile Europe, an independent distributing company recently founded in Vienna, plans to sell Hyundai phones in 23 Western and Eastern European countries, as well as in South America and the Middle East.

"We are very optimistic [that we will] achieve break-even ... next year, and reach a market share of 3 to 5 per cent within 5 years," said Norbert Winkler, chief executive of Hyundai Mobile Europe.

OPEC oil price 1.13 dollars lower on Monday

Organization of the Petroleum Exporting CountriesVienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 1.13 dollars Monday, as the cartel made a further downward revision in its demand outlook for 2009.

One barrel (159 litres) of OPEC crude stood at 47.96 dollars, compared with 49.09 dollars last Friday, the Vienna-based organization said Tuesday.

In its latest monthly market report, OPEC forecast 86.68 million barrels per day of crude-oil demand for next year, 530,000 barrels per day less than predicted in October.

OPEC lowers 2009 oil demand forecast for third month in a row

OPECVienna

OPEC oil price back above 49 dollars

OPEC oil price back above 49 dollarsVienna - The price for crude oil pro

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