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Tag archive for ‘Petroleum Exporting Countries’

Skyrocketing Oil Prices Stump Experts

Skyrocketing Oil Prices Stump Experts

Washington, D.C. (Washingtonpost.com): Confused about oil prices? So are the experts.
Executives from the giant oil companies say it’s partly the fault of “speculators” or financial players. Key financial players say it’s really a question of limited supply and expanding global demand. Some members of Congress accuse the Organization of the Petroleum Exporting Countries for bottling [...]

Clinton: OPEC should not be a cartel

MERRILLVILLE, Indiana (AFP) — Hillary Clinton has made a new vow to confront OPEC, after oil broke the symbolic 120 dollars a barrel barrier on the eve of the next White House nominating showdown.
“We’re going to go right at OPEC,” Clinton said, on a last-minute campaign swing ahead of Tuesday’s Indiana and North Carolina primary [...]