OPEC says oil supplies are adequate, blames war fears for higher pricesOrganization says it can cover loss of Iraqi oil; one member acknowledged it would be difficult for the group to cover a bigger supply disruption Bruce Stanley Associated Press Business Writer
Despite sharply higher oil prices, some OPEC members argued March 11 that the world has enough crude to meet demand and blamed the threat of a U.S.-led war against Iraq for fears of a supply disruption.
Representatives of the Organization of Petroleum Exporting Countries dismissed suggestions that....
[additional news subjects in this story]
Pumping flat out Some shut down in Kuwait
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 $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/18/2021)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 