12.11.2010 - What oil near $90 may mean for OPEC policy

From Torontosun.com: Oil prices are at a 25-month high and approaching $90 US a barrel, raising the question of whether the Organization of the Petroleum Exporting Countries will raise output. The 12-member OPEC which pumps more than a third of the world’s oil, has kept its oil output target at 24.84 million barrels per day (bpd) for almost two years since announcing a record supply cut after prices slumped in 2008..............................................Full Article: Source

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