Crude hits $14

posted by   sushma (53)   2 months ago (www.moneycontrol.com)

important to share cooperation with the consumers and also assure the market - to give the right message since right now; it's speculation driving the price higher. “Fear about supply and fear about global economy make people move to the oil mkt. We in Saudi announced whenever our customers in India and anywhere else need more oil, we will give them more oil. At the same time, we're trying to reduce fear. Therefore the price will go down. He qualified that a majority of OPEC