Browse
related articles
Opec to curb overproduction
- Middle East: Wednesday, September 10 - 2008 at 07:11
OPEC oil ministers have agreed to curb overproduction by more than 500,000 barrels a day, AP has reported. The move is seen as a compromise measure aimed at avoiding new turmoil in oil markets while at the same time reflecting OPEC attempts to prevent prices from falling too far. An OPEC statement issued after oil ministers ended their meeting early Wednesday said the organization agreed to produce 28.8 million barrels a day. OPEC President Chakib Khelil said that quota in effect meant that member countries agreed to cut back 520,000 barrels a day in overproduction.
Also consider reading:
Today's top stories
Week's top stories
Facebook
LinkedIn
Digg
Browse
related articles
- » Oman Air warns Boeing on Dreamliner delays
- » Japanese contractors 'owed billions'
- » Abu Dhabi National Hotels achieves 27.8% profit growth
- » Value of ongoing and planned real estate projects for Saudi Arabia estimated at $586bn
- » The Duke of York formally opens Marco Pierre White Steakhouse and Grill and Frankie's
Jeff Florian, Senior ReporterWednesday, September 10 - 2008 at 07:11 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
It looks like you are using a Mac - check out our 
Web Feeds