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Opec won’t raise output despite high oil prices

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Opec won’t raise output despite high oil prices
BALI (Indonesia) – The Organisation of Petroleum Exporting Countries (Opec) has no plan to raise output despite record oil prices, the group’s president said on Friday.

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Opec won’t raise output despite high oil prices
BALI (Indonesia) – The Organisation of Petroleum Exporting Countries (Opec) has no plan to raise output despite record oil prices, the group’s president said on Friday.

‘We have no plan to raise production further because the current rise in oil prices is due to non-fundamental factors,’ Opec president Purnomo Yusgiantoro told reporters on the sidelines of an oil industry conference in Bali.

http://straitstimes.asia1.com.sg/latest/story/0,4390,276856,00.html

This is getting funnier by the minute… Enjoy.
Cheers,


http://straitstimes.asia1.com.sg/latest/story/0,4390,276856,00.html



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