News

Opec will not increase oil production


The UAE’s oil minister Mohammad Al-Hamli…



.....................................................................

Related articles:

Related modules:
  • Opec
    With oil prices falling below $50, everybody is closely watching ...
Related news:

Nov 7th, 2009

print    email email   Post a comment

The UAE’s oil minister Mohammad Al-Hamli has said that Opec is not currently planning to increase oil production. “Up until now raising production is not on the agenda for the Opec,” he said on Saturday.

The minister added that although the world economy was not yet “out of the woods”, higher oil prices indicated a recovery. Crude oil is currently trading at around $80 per barrel.



Previous Story    Next Story
Tagged as: , ,








Leave a Reply




 
 Most Popular
   Commented    Emailed