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Commodities Briefing - Categorized | Oil, Price Watch more

$100-110 per barrel is acceptable to producers and consumer: Opec

Posted on 17 February 2014

The Organisation of Petroleum Exporting Countries (Opec) has long recognised the importance of dialogue and cooperation with other producers and stakeholders in the industry and is always “ready to talk” in this regard to ensure market stability and order.
That was the view put forward by Opec Secretary General, Abdullah Salem Al Badri, in a question and answer interview with the Caspian Energy Journal. Al Badri observed that, in 2013, prices had generally moved within the $100 110/b, a range that was acceptable to producers and consumers alike………………………………………..Full Article: Source


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