You are here

Some Opec members moot US$80 as new 'fair' oil price

But analysts are cautious as Saudi Arabia has not indicated that it subscribes to the price view

Adil Abd al-Mahdi, Iraq's oil minister, gestures as he speaks during the 6th OPEC International Seminar "Petroleum: An engine for Global Development" in Vienna, Austria, on Wednesday, June 3, 2015.


NEARLY a year after oil markets entered a deep downward spiral, unmoored from the US$100-a-barrel mark that had anchored them for years, some members of the Organization of the Petroleum Exporting Countries (Opec) are publicly talking for the first time about a new "fair" price for

Market voices on:

Powered by GET.comGetCom