Saturday, May 7, 2011

Interview: millions of barrels of cuts difficult to counter oil price slump?

Million barrels of production difficult to counter oil price slump? SINA-Beijing,China "as if when the surge in oil prices, OPEC production, fall would limiting the insured. OPEC wants to stabilize oil prices at a reasonable interval, but from the perspective of reality, the effect is not obvious. "Oil University Professor Dong Xiucheng told reporters yesterday. In General, supply and demand determine the price ...

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