OPEC President, Purnomo Yusgiantoro, also Indonesia’s Minister of Energy and Mineral Resources, said the cartel does not want to see oil prices rise, preferring a stable, orderly market. In a statement last week, he said: “OPEC took a decision in Beirut on June 3 to hold an extraordinary meeting of its conference here in Vienna….
MARKETS: OPEC President says cartel wants “stable, orderly oil market”
Posted on July 26, 2004 by EnergyAsia