| 11.03.2011 - OPEC preaches calm, but oil market frets |
| From Reuters: Though OPEC officials have done their best to quell fears about Middle East oil supply disruptions, experts warn that Libyan unrest could signal a new period of prolonged oil market jitters. "There is no panic," Algeria's oil minister Youcef Yousfi said at the high-profile CERA Week conference in Houston this week, attributing the stellar rise in oil prices to speculators and market psychology..............................................Full Article: Source |