OPEC : Oil could hit $80

The price of oil hit a record high yesterday after Opec said that it could cost $80 a barrel in the next two years ... "I cannot rule out the rise of a barrel of oil to $80 in the coming two years," said Adnan Shihab–Eldin, the acting secretary–general of the oil cartel.

(2005-03-04 10:00:41 SGT) [Energy] Permalink

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