| 16.12.2008 - The low oil price calls for a fresh set of rules |
| From FT: Six months ago when King Abdullah of Saudi Arabia convened an energy summit in Jeddah the mood between producers and consumers was of barely concealed hostility. Oil prices were $130 a barrel and rising and the Organisation of the Petroleum Exporting Countries and other producers seemed indifferent to the consequences. .... Full Article: Source |