• HSBC

OPEC blames price on speculators

  • Middle East: Sunday, June 01 - 2008 at 08:39

OPEC president Chakib Khelil has again blamed high oil prices on speculators. The Algerian Energy Minister reiterated his previously made comments during a joint briefing with French Energy Minister Jean-Louis Borloo. Khelil added that the crisis was not over and that there would be further impacts on prices.

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