Friday 11 July 2014
 
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Badri

Opec chief expects comfortable year

  Opec's secretary general said he was not worried about the oil market outlook for 2013, as the exporter group pumps a million barrels per day (bpd) more than its official output target without weakening prices.

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Opec chief hopes for lower output

Opec Secretary General Abdullah Al-Badri hopes the oil producer group will trim output towards its output target of 30 million barrels per day (bpd) in coming months, industry newsletter Gulf Oil Review quoted him as saying. The O

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Acceptable oil price 'above $75-$85 range'

An acceptable range for oil prices is higher than $75 to $85 a barrel because of inflation, Opec's Secretary General  Abdullah al-Badri said on Thursday.   He said it was very difficult to specify a precise range, but infla

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