Fri, Sep 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

OPEC ready to help if there is oil shortage, crisis -Secy Genl

Posted on 09 December 2011

The Organization of Petroleum Exporting Countries is ready to help in case of a shortage or crisis in the global oil market and the Paris-based International Energy Agency, or IEA, has the sovereign right to release emergency crude stocks if needed, the cartel’s secretary general said Wednesday.
Abdallah Salem El Badri, at a conference in Doha, said this year had been a difficult year for the oil producing group but it remained committed to help “if there is a shortage, or a catastrophe somewhere.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930