Browse related articlesOPEC likely to cut output, says report
Middle East: Tuesday, August 19 - 2008 at 11:57
A new report by the Center for Global Energy Studies said OPEC is likely to cut its oil output quota as the price of crude risks falling under $100 a barrel, reported Arab News. The report warns that there is a danger that OPEC will over-react, cut its production too sharply, and send oil prices higher.
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Jeff Florian, Senior ReporterTuesday, August 19 - 2008 at 11:57 UAE local time (GMT+4)
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