26.09.2012 - Gulf OPEC producers want Brent oil at $100/barrel
Gulf members of the Organization of Petroleum Exporting Countries, led by Saudi Arabia, would like to see oil prices stabilize around $100 a barrel as high prices could slow down economic growth and hit demand, Gulf OPEC delegates said Monday. "There is a consensus now between Gulf countries and in fact some non-Gulf members of the Organization of Petroleum Exporting Countries that $100 a barrel is a suitable price for both producers and consumers," a delegate from one Gulf country said...............................................Full Article: Source
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