Thursday, September 10, 2009

Cautious OPEC holds oil output steady

Cautious OPEC holds oil output steadyCautious OPEC holds oil output steady
Updated at: 0804 PST, Thursday, September 10, 2009

VIENNA: Top oil-producing countries held their output steady on Thursday and expressed "grave concern" that recovery from the economic downturn crippling energy demand would be slow and uncertain. "Since the market remains oversupplied and given the downside risks associated with the extremely fragile recovery, the conference once again agreed to leave current production levels unchanged for the time being," said the closing statement by OPEC. .... Full Story
Federer to take on Djokovic in US Open semisFederer to take on Djokovic in US Open semis
Updated at: 1153 PST, Thursday, September 10, 2009

NEW YORK: Roger Federer will play Novak Djokovic in the US Open semi-finals on Saturday, their third consecutive clash at Flushing Meadows after the final of 2007 and the semi-finals of last year. Top seed and defending champion Federer reached the last four for a record 22nd time in a Grand Slam tournament despite a stirring late show from Robin Soderling, winning 6-0, 6-3, 6-7 (6/8), 7-6 (8/6). Fourth-seeded Djokovic won a dour, stamina-sapping .... Full Story

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