Opec oil 'will stay at $50 a barrel'

Venezuelan President Hugo Chavez said today that members of the Organisation of Petroleum Exporting Countries (Opec) agree on keeping oil at $50 per barrel.

Opec oil 'will stay at $50 a barrel'
Thu, 30 Nov, 2006 - 18:49
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Venezuelan President Hugo Chavez said today that members of the Organisation of Petroleum Exporting Countries (Opec) agree on keeping oil at $50 per barrel.

“Fifty dollars per barrel, in Opec that is the consensus,” Chavez told reporters during a news conference ahead of Sunday’s presidential election.

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CourtsBusinessHeathrowPlace: USPlace: AfricaPlace: NigeriaPlace: EgyptPerson: President Hugo ChavezPerson: ChavezPerson: Mohammed BarkindoPerson: David FyfeOrganisation: OPECOrganisation: Organisation of Petroleum Exporting CountriesOrganisation: Opec)Organisation: VenezuelaOrganisation: SudanOrganisation: Dow Jones NewswiresOrganisation: AngolaOrganisation: International Energy AgencyOrganisation: Dow Jones
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