Monday, June 2, 2008

No Opec output hike for now

(ALGIERS, Algeria) Opec president Chakib Khelil reiterated on Saturday that Opec would not make a decision on output policy before its next scheduled meeting in September, and said that oil market fundamentals were not responsible for high oil prices.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,281743,00.html?

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