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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Oil output cuts not likely - OPEC chief. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Oil output cuts not likely - OPEC chief
by w1ld at 3:46 pm EST, Nov 16, 2008

ALGIERS, Algeria (AP) -- More oil output reductions aren't likely this month because OPEC members haven't yet fully enforced previous quotas and the organization needs more data before it reaches a decision, the cartel's president said Sunday.

Chakib Khelil's comments came as Iran called for a new output cut of at least 1 million barrels per day, in addition to the 1.5 million cut decided by the Organization of Petroleum Exporting Countries on Oct. 24 to try to sustain slumping prices.


 
 
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