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World News Story: Secretary-General Barkindo: OPEC Isn't Cartel, Doesn't Fix Oil Prices

OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.


Posted: 2019-02-11 12:56:33

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World News Story: Secretary-General Barkindo: OPEC Isn't Cartel, Doesn't Fix Oil Prices | Newsmax Live Newscast | RobinsPost News Network - Newscast

Anti-OPEC Bill Sponsor Expects ‘Positive Reception’ From Trump

Sat, 16 Feb 2019 04:23:00 GMT

(Bloomberg) -- The congressman behind a bill that would allow the U.S. to sue OPEC for manipulating oil prices ... doesn’t necessarily mean that any lawsuits are actually brought against the ...

OPEC, Russia draft cooperation charter offers no formal body: document

Thu, 14 Feb 2019 07:43:00 GMT

Scared by looming U.S. anti-cartel legislation for the oil industry ... carefully avoids any mention of sensitive issues such as oil prices, market share and production cuts. OPEC and Russia have been ...

Nigeria: OPEC Not a Cartel, Doesn't Fix Oil Prices, Says Barkindo

Mon, 11 Feb 2019 22:45:00 GMT

Reacting to this legislation, Barkindo told Reuters yesterday that: "OPEC is neither a cartel nor involved in the business of fixing oil prices ... and has said it does not intend to join ...

Grumbling From Russian Oil Giant Rosneft Over Production Cuts: Reuters

Mon, 11 Feb 2019 10:25:00 GMT

Reuters said it looked at a copy of the letter that did not include a date or a header, and that a source told the news ... crude prices will come down and all that the Saudis and OPEC have ...

OPEC Isn't a Cartel, Doesn't Fix Oil Prices: Barkindo

Mon, 11 Feb 2019 05:54:00 GMT

"OPEC is neither a cartel nor involved in the business of fixing oil prices," Barkindo told Reuters. "It would be a misjudgment to accuse us of such," he said on the sidelines of an energy forum ...

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