(EnergyAsia, June 17 2011, Friday) — Saudi Arabia will have to deliver the extra oil the world needs in the second half after the Organisation of the Exporting Countries (OPEC) ended their “worst ever” June 8 ministerial meeting without agreeing to a production quota. According to energy media Platts, the cartel boosted May output to 29.04…
MARKETS: OPEC challenged to raise output above 30m b/d after pumping 29.04m b/d in May
Posted on June 17, 2011 by EnergyAsia