PARIS (AFX) – US Treasury Secretary John Snow said oil producing countries have no economic interest in maintaining current oil prices, which stand near two-year highs. “The major oil producing countries have a strong economic self-interest in oil prices that are not at their current… levels — because it makes their market more unstable,” Snow…
MARKETS: Snow says oil countries have no economic interest in keeping current oil prices
Posted on March 4, 2003 by EnergyAsia