OPEC says market not short of crude oilBlock says surge in prices due to speculation; Saudi oil minister calls economic recovery ‘patchy’; Saudis fill some of Libyan gap Tarek El-Tablawy Associated Press Business Writer
OPEC is worried about the recent surge in global oil prices and its potential impact on the world economy, but the market is oversupplied, several oil officials said April 18, suggesting the bloc will not raise its output at its June meeting.
Oil prices have spiked sharply over the past few months,....
[additional news subjects in this story]
OPEC says little it can do Speculation, oil taxes blamed
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 [email protected] --- http://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|