Only Saudi Arabia can manage the global output of oil in such a way that will make room for Iraqi oil and keep prices high. In contrast, only Saudi Arabia can flood the market and reduce prices far below their current level.

Today's oil prices are still only two thirds the real peak reached during the Iranian Revolution of 1979, and future markets expect the oil price to fall back and settle at perhaps 45 a barrel. But the current high level of oil prices has led forecasters to start reining in their expectations for economic growth.

Domestic oil prices link up with international oil prices. Since the current round of pricing, international oil prices have increased with fluctuation and Brent crude oil has broken through the 80 mark and continues to increase.

The usage value represents the mailboxes current level of capacity.

This value controls the level to use with the current effect.

The current level of disclosure relating to directors' remuneration varies widely.

The current oil price crisis had led to the quest for new and renewable sources of energy.

Indeed, the spike in oil prices actually gives independent producers an incentive to boost production. The last time real oil prices reached current levels was 1980, which shows that hoarding oil in the ground can be bad business.

18. Decides to maintain the current level of funding for consultants and experts

The current authorized troop level of ONUCI is, I believe, just over 7,000.

A decline in oil revenues could be devastating to the fledgling Iraqi government. Current oil revenues are barely enough to cover state expenses, let alone pay for reconstruction, debt, and war reparations.

The three pillars of UNCTAD's work should be geared towards assisting developing countries in the current context of increasing oil prices.

Staffing of the office of the Chief of Operations remains at the current level of two Professional posts and one General Service (Other level) post.

The current under representation of women, particularly at the senior level, was a cause for concern.

It is not clear whether these countries current regimes could survive a substantial and sustained future decline in oil prices. By contrast, it is obvious that oil importing countries would benefit greatly as they already are.

The proposed programme budget for 2006 2007 maintains the current level of resources available to the Board.

Telecommunications costs had quadrupled over the past few years to the current level of US 4 million annually.

The current legislation requires that TRAC 1.1.2 not exceed the level of a programme country's TRAC 1.1.1 earmarking.

Iran's official news agency Fars on Wednesday, quoting the speech of Zanganeh, Iranian oil minister, said that Iran's daily crude oil production was up to 3.85 million barrels, which has been the highest level since 2008.

If the volume of oil resources were known with certainty, and if we could accurately predict the growth of oil consumption, calculating the imminence of exhaustion would be simple. But these are big ifs especially given the high level of uncertainty regarding the ultimate volume of oil resources.

Policies targeting energy efficiency and security largely lapsed. Two generations came to think of declining oil prices as normal, which accounts for the current sense of entitlement, the outrage at rising prices, and the search for villains politicians, oil producing countries, and oil companies are all targets of scorn in public opinion surveys.

Oil rich states need global networks to sell their oil, to export their capital, and to import technologies and technologists. Among current United Nations members, countries with large natural resource endowments are also more likely to have a non democratic regime.

However, the long term sustainability of their current expansionary economic phase is still in question, given that greater expansion in non oil sectors is required.

According to the same source, the current age structure of Bosnia and Herzegovina's population remains at the 1991 level.

Similarly, it is equally important to maintain and sustain the current level of peace between northern and southern Sudan.

While peak oil theorists have strong views about that, they do not allow for all the current and future technological possibilities that might increase resources. Indeed, given the difficulty in estimating the total size of resources, many consider peak oil theories irrelevant.

But the current entry level cars in comparison to that is eight percent less, but 21 percent more inside space.

I am not unaware that many delegations may wonder about the current situation with regard to socio economic development in Chad following the exploitation of oil there.

A current issue that could also threaten to imperil the global economy, and which this Organization should address, is the prolonged and sustained increase in oil prices.

Against this background, a stalemate in the Donbas seems more likely than an outright offensive aimed at occupying the remainder of the region and establishing a land corridor to Crimea the outcome that many in the West initially feared. President Vladimir Putin s new Novorossya project simply cannot progress with oil prices at their current level.

With world oil production close to full capacity and prices already more than double their pre Iraq War level, this portends still higher prices, and still higher profits for the oil industry the only clear winner in Bush s Middle East policy.

And it's kind of the zeitgeist view at this level of the world's current mythology over the last couple of months.

At the current level of 171 million, that balance represents the equivalent of less than three months' expenditure for the organization.

In some instances, energy consumption can be reduced by 50 80 per cent depending on the current level of use efficiency.

In the current climate, however, developing countries are facing two pressing challenges that constantly erode their economic foundations rising global oil prices and the lack of investment funds.

LAGUNA BEACH Oil prices have been heading south again, with a barrel of US crude recently falling below 42 the lowest level since March 2009, the nadir of the global financial crisis. And, while last year s sharp price drop was heavily influenced by two large supply shocks, the current decline also has an important demand dimension.

10. Decides further to keep the current format of the proposed programme budget and to maintain the level of information contained therein

The current level of violence between Palestinians and Israelis still remains far below that which prevailed before the Sharm el Sheikh summit.

Ground level ozone is created when common pollutants emitted by cars, power plants, oil refineries, chemical plants and other sources react in the atmosphere to sunlight.

After all, global growth, at its current level, is inadequate for mere redistribution among countries to work. Overall global GDP needs to increase.

In spite of the high rate of illiteracy among the older groups, current indicators state that the education level of women dramatically increases.

However, with the current level of resources, UNDP will not be able to support these posts from the latter part of 2005 onwards.

Oil production continued to expand rapidly in the ESCWA region, rising to 19 billion barrels per day, an increase of 6 per cent over its 2003 level.

Oil. Oil. This was a big topic.

Oil exporting countries, however, were currently facing oil capacity constraints and reduced oil refining capability.