Tuesday 2 June 2015

Angolan oil minister says $80 may be right price for crude

Angolan Oil Minister Jose Botelho de Vasconcelos said on Tuesday that $80 per barrel may be the right price for crude and that he would like oil prices to rise.

Brent crude oil for July was up 40 cents at $65.28 a barrel by 10:30 GMT.

Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) meet on Friday in Vienna to decide on production policy for the next six months.

No comments:

Journalist Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation

Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...