Independent journal on economy and transport policy
08:36 GMT+2
OPEC oil ministers say there's no need to increase production
(The Nando Times)
March 6, 2000
TEHRAN, Iran - International oil markets are not facing a shortage and there is no need to raise production to bring prices down, said representatives of Iran, Libya and Algeria Monday.
"Given the fact that world oil demand will decline in the second quarter by more than 3 million (barrels per day), they believe that OPEC member countries can maintain ...... Read more on The Nando Times
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