| 10.04.2012 - Iraq says OPEC seeking world oil price balance |
| OPEC is seeking a balance in world oil prices, but political instability rather than production issues are affecting the market price, Iraqi Oil Minister Abdul Kareem Luaibi said on Monday. Brent crude slipped around $1 on Monday after Iran agreed to resume talks on its disputed nuclear programme, easing fears over a supply disruption, and prices were under pressure on demand growth concerns...............................................Full Article: Source |