"We've found no evidence of any attacks anywhere near the lines. They run through the south of the country, a long way from the disputed areas of South Ossetia and Abkhazia."
BP has found no evidence of attacks by Russian forces anywhere near the Baku-Tbilisi-Ceyhan oil line and the South Caucasus Gas Pipeline (SCP) that runs parallel to it through southern Georgia, a spokesman said Monday, commenting on reports in Turkish media claiming that Russian forces had targeted the two lines.

"Real crude oil prices at the moment are much lower than nominal prices."
OPEC President Chakib Khelil said Sunday that oil prices were not realistic even as he urged member countries to stick with their crude output targets, Iranian oil ministry news agency Shana reported.

Updated: August 11, 2008