(Bloomberg) -- Algeria's Oil Minister Chakib Khelil
said he expects oil prices to rise to $72 a barrel as consumption
increases over the summer months and said OPEC won't cut
production at its forthcoming meeting.
``The increasing demand for refined products will lead to
more tension on refineries and crude oil,'' Khelil said to
reporters in Algiers today.
Read more at Bloomberg Energy News
said he expects oil prices to rise to $72 a barrel as consumption
increases over the summer months and said OPEC won't cut
production at its forthcoming meeting.
``The increasing demand for refined products will lead to
more tension on refineries and crude oil,'' Khelil said to
reporters in Algiers today.
Read more at Bloomberg Energy News
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