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Iran says OPEC output cut not ruled out

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DimensionalDetective

posted on Feb, 17 2008 @ 12:08 PM
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Iran says OPEC output cut not ruled out


news.yahoo.com

Oil prices remain solid at around 95 dollars a barrel after striking a high above 100 dollars at the start of the year, despite fears of a US recession.

But Iran and its fellow US foe and close ally Venezuela have openly mulled defying the United States by cutting production in March amid concerns about the effects of a US economic slowdown on oil prices.

(visit the link for the full news article)


DimensionalDetective

posted on Feb, 17 2008 @ 12:08 PM
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Uh-oh...First Venezuela, now possibly Iran? This is going to send gas prices through the stratosphere.

news.yahoo.com
(visit the link for the full news article)



 
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