| OPEC is regaining its clout by successfully weighing in to talk down oil prices. Suggestions Tuesday by the Saudi oil minister, Ali Naimi, that prices were still too high and that OPEC might discuss a higher production ceiling at its next meeting in June helped prices slide further.
Naimi's price comments echoed the head of the Organization of Petroleum Exporting Countries, who last Thursday spoke against high prices for oil futures...............................................Full Article: Source
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