Oil futures, which have more than tripled in price in four years, closed at US$95.10 a barrel in New York on Friday. As oil prices hover around US$95 a barrel, without majorly affecting global demand, OPEC members are reaping record revenues, as the world economy seems capable of sustaining record high oil prices.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11222&P=P
Sunday, November 18, 2007
OPEC meets frets over soaring oil prices
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment