OPEC can still influence oil pricesCartel unable to bring down current prices, but could be in a strong position next year; OPEC president refers to $50 oil as ‘normal’ Brad Foss Associated Press Business Writer
l Washington, D.C.
OPEC can still influence oil prices
Cartel unable to bring down current prices, but could be in a strong position next year; OPEC president refers to $50 oil as ‘normal’
By BRAD FOSS
Associated Press Business Writer
PEC’s inability to bring down the cost of oil has helped push U.....
[additional news subjects in this story]
Record close on Nymex Economists didn’t see demand surge coming U.S. crude supplies up OPEC may defend prices
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