http://link.ft.com/r/S4XZQQ/
Reflections from news and commentary of the day
Subscribe To
Posts
Comments
Friday, June 10, 2011
Latest from Opec
Latest from Opec I’m in Vienna, waiting for the outcome of the Opec oil ministers’ meeting which began at 10am today. Here’s what we know with reasonable certainty so far: Saudi Arabia has yet to rally a consensus behind its proposal to increase Opec’s output quotas for the first time in almost four years. The kingdom will have the support of Kuwait and the United Arab Emirates. But the two leading “hawks” – Iran and Venezuela – remain unconvinced. Rafael Ramirez, the Venezuelan oil minister, said at the outset of the meeting that he regarded the oil market as being “in balance”. As …
http://link.ft.com/r/S4XZQQ/
http://link.ft.com/r/S4XZQQ/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment