Independent journal on economy and transport policy
01:43 GMT+2
OPEC unlikely to boost production
(China Daily)
March 15, 2002
OPEC oil ministers prepared on Thursday to extend a freeze on crude output saying prices were inflated by the threat of a US attack on Iraq rather than any supply shortage.
The Organisation of the Petroleum Exporting Countries wants to hoist oil back to its central $25-a-barrel target after a six-month price slump caused by a recession that slowed demand. ...... Read more on China Daily
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