OPEC: oil prices may be close to a record level last year

From 12-member Organization of Petroleum Exporting Countries (OPEC) on April 26 warned that the global economic recession as a result of disruption of a lot of oil and gas exploration and energy projects, oil prices may be close to a record in July of last year's record.

OPEC and Minister of Finance, 13 in Asia held in Tokyo before a meeting called for more stringent monitoring of global oil prices.

13 OPEC and Minister of Finance, agreed that Asia's rise or fall in oil prices is detrimental to the interests of oil producing countries is not conducive to the interests of oil-consuming countries.

OPEC and Minister of Finance, 13 in Asia in a joint statement from the economic crisis on oil prices bounced back sharply after rising concerns about the prospect.

Source: www.in-en.com Apr. 29, 2009