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| Africa North |
| Khelil eyes further OPEC production cuts |
| 2009-04-21 |
| [Maghrebia] Algerian Energy Minister Energy Minister Chakib Khelil favours a further petrol production cut by OPEC. "We are taking a big risk if we do not re-adjust supply." Liberté quoted Khelil as saying on Sunday (April 19th). Petrol prices will likely fall further before the cartel's next meeting on May 28th and then increase to $60 per barrel as summer demand grows, Reuters quoted Khelil as saying on national television Saturday. |
| Posted by:Fred |
| #2 |
| Posted by: ed 2009-04-21 10:42 |
| #1 |
| Posted by: ed 2009-04-21 00:59 |