Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on August 19, 2009

Bookmark and Share

Angola's excess oil implies OPEC to hold steady

Increased oil output to a year-high from OPEC’s president Angola, flouting agreed limits, has helped stack the odds against any formal change when the producer group meets in September.

Without a sharp slide in crude prices the Organization of the Petroleum Exporting Countries is likely to leave its output targets unchanged when it meets on Sept. 9, most OPEC delegates and analysts said.
Forbes



Leave a Reply

Your email address will not be published. Required fields are marked *