JAKARTA (AFX-ASIA) – OPEC President Purnomo Yusgiantoro said oil prices “are coming down” but expressed caution that “there are also several (political) incidents such as in Nigeria and in Venezuela; and these are … factors which affect prices.” He was referring to speculation about a fall in supplies due to an oil workers’ strike in…
MARKETS: OPEC president hopes oil prices fall, sees demand rising by 2 million b/d
Posted on June 16, 2004 by EnergyAsia