OPEC expansion at risk if oil drops below 50 dollars

NICOSIA (AFP) –
OPEC’s 254-billion-dollar upstream expansion plan to raise production capacity risks being delayed if oil prices drop below 50 dollars a barrel, the cartel’s secretary general has warned.

“My concern now is the price, because we are undertaking a lot of investment. If we don’


Asked what price capacity expansion is relying on, he said: “It’