Independent journal on economy and transport policy
13:29 GMT+1
Analysts confident that OPEC will increase ouput
(The Bunker Bulletin)
March 22, 2000
Analysts said today that the Organisation of Petroleum Exporting Countries will increase oil output enough to reduce high oil prices, but they are unlikely to rise sufficiently to halt fears of inflation in the industrialised west, Bloomberg writes.
Last year, OPEC took the decision to cut production in order to raise prices from nearly $10 a barrel to ...... Read more on The Bunker Bulletin
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