| 31.01.2012 - Opec says EU ban on Iran oil to boost prices |
| The EU’s embargo on Iranian oil exports will add upward pressure to oil prices, Opec’s secretary general said yesterday, even though there is no shortage of oil on the market. Abdullah al-Badri also said he was not concerned about too much oil in the market, even though the Organisation of the Petroleum Exporting Countries is pumping about 600,000 barrels per day (bpd) more than its new target of 30mn bpd...............................................Full Article: Source |