| The heads of two major petroleum industry organizations, in a panel discussion in Qatar, could not agree on what is currently driving oil prices higher. Abdulla Salem el Badri, secretary-general of the Organization of Petroleum Exporting countries, said speculating investors were at least partly responsible for putting unnecessary pressure on the market.
"Oil resources are clearly plentiful. Speculation is playing a very important part in inflating these prices," Badri said...............................................Full Article: Source
|