No production increase by OPEC
Posted by Oilism.com on December 3rd, 2007 at 06:33pm
THE OPEC does not want raise oil production. According to the OPEC there is no shortage to oil at this stage.
90 dollars
THE OPEC, the organisation of oil exporting countries, have decided not to increase oil production levels at this moment especially now crude oil prices decreased up to under the 90 dollars a barrel. This has been communicated by OPEC ministers just for the beginning of the meeting in Abu Dhabi.
No Oil shortage
Spokesmen from among others OPEC countries like Saudi Arabia, Libya and Qatar also agree that the market shows no proof of a shortage for oil. According to the ministers there is nothing wrong with oil supplies controlled by OPEC, although crude oil prices are still relatively high.
Under Middle East+ OPEC+ Production levels+ energy prices
1 Comment for No production increase by OPEC
1. Kylie Batt&hellip | April 22nd, 2010 at 2:57 am
ой… какая прелесть……
ГТК 04102000г THE OPEC does not want raise oil production. According to the OPEC there is no shortage to oil at this stage…..
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