Haulage Association slams OPEC cuts

The Irish Road Haulage Association has said the decision by OPEC to cut oil production will have serious implications for Ireland’s transport sector.

Haulage Association slams OPEC cuts
Fri, 28 Dec, 2001 - 13:42

The Irish Road Haulage Association has said the decision by OPEC to cut oil production will have serious implications for Ireland’s transport sector.

The OPEC cartel has decided to lower its output by 1.5m barrels a day, thus forcing the price to rise as supply declines.

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