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OPEC Pledges to Keep Oil Output Steady |
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Sunday, 15 March 2009 |
OPEC has recently decided to maintain a steady supply of oil in the market after mounting concerns from key nations that the market is in peril state.
Apparently, according to news sources, President Barack Obama has made a call to the Saudi King last week – not sure what they have discussed, but I believe that the contents of the call might be addressing to the concerns of raising the price of crude oil.
Do take note that the entire United States crude oil consumption supersedes any country in the world – as they are the largest oil consumer in the world.
At least we’ll have steady supply of fuel to the rest of the year – a bonus point in helping consumers to save some money on gas.
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