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Too early for the oil exporters' to make a decision

November 17, 2009 @ 5:16 pm In Oil & Gas Market News,Uncategorized

On Monday, The Organization of the Petroleum Exporting Countries (OPEC) president Jose Botelho de Vasconcelos said it was still too early for the oil exporters' group to make a decision on production changes. Global oil market still oversupplied.

The news article is quoted as saying:

The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on Dec. 22 to decide on its oil production policy.

Click here to access the entire press release [1]


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[1] Click here to access the entire press release: http://www.reuters.com/article/companyNewsAndPR/idUSLG32845320091116

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