BEIJING (AFX-ASIA) – US Energy Secretary Spencer Abraham said here that world oil prices should be determined by market forces and acknowledged a drop in US oil inventories. “President (George W.) Bush has publicly commented and expressed concern that the price of oil not hurt the world economy whether it’s the economy of the United…
MARKETS: US calls for market-driven oil prices, signs cooperation pact with Beijing
Posted on January 19, 2004 by EnergyAsia