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Sonntag, 30. November 2008

OPEC wishes 75USD/b

Saudi king says oil should be $75 per barrel
CAIRO, Egypt (Map, News) - Saudi Arabia's king says the price of oil should be $75 a barrel, much higher than it is now, but his oil minister indicated Saturday that no measures will likely be taken until OPEC meets again next month.Saudi Oil Minister Ali Naimi said that the Organization of Petroleum Exporting Countries will "do what needs to be done" to shore up falling oil prices when the cartel meets Dec. 17 in Algeria....more details here...
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