KUWAIT CITY (AFX) – OPEC is not to blame for soaring oil prices, which have hit 13-year highs as producers pump up to maximum capacity, but the cartel could do more to calm a nervous market, Gulf analysts said. Unexpectedly strong economic growth in some industrialised nations as well as China and India has driven…

OPEC is not to blame for soaring oil prices, which have hit 13-year highs as producers pump up to maximum capacity, but the cartel could do more to calm a nervous market, Gulf analysts said. Unexpectedly strong economic growth in some industrialised nations as well as China and India has driven demand for crude to…