'Noble' OPEC Criticizes the International Energy Agency
Raymond J. Learsy
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Posted 05.25.2011
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Business
Read More:
Politics,
Dept of Energy,
Opec,
Cftc,
Saudi Arabia,
Deepwater Horizon Oil Spill,
Oil,
Oil Prices,
Dept of Interior,
King Abdullah,
International Energy Agency,
United States,
Saudi Oil Minister Al-Naimi OPEC Sec. General El-Badri,
Business News
OPEC is prepared to do little or nothing to help reduce the current level of oil prices. Their lack of willingness to hold the price at moderate levels gives the speculators a one way bet on ever higher prices.
