| 24.02.2009 - OPEC faces extreme difficulty to lift oil prices: CGES |
| From AFP: The OPEC cartel will find it "extremely difficult" to boost oil prices by cutting output because of the uncertain economic climate, energy consultancy CGES said on Monday. Crude oil prices have slumped dramatically since hitting record highs above 147 dollars per barrel in July, as a spreading global economic slowdown has slashed demand for energy..... Full Article: Source |