OPEC Secretary General Abdullah al-Badri
London … News Time
OPEC oil-producing countries of the organization’s daily crude oil supply one million 30 thousand barrels during January, which increased exports of Angola and Saudi Arabia and other Gulf oil producing countries is increasing. According to media reports last November’s meeting of OPEC crude oil production cuts rather than focusing on market share was decided. OPEC’s daily oil demand growth during January SIS which was 30.37 million barrels during December 2011 was 30.24 million barrels per day. Global crude oil prices due to massive Desk pressure on OPEC OPEC, however, during his meeting decided to cut oil production. OPEC Secretary General Abdullah al-Badri said during a press conference in London, crude oil prices have been at its lowest level and oil prices are unlikely to fall further. The crude oil price has stabilized. According to the report of Angola in January to 1.80 million, while the daily production of crude oil in Nigeria’s daily output was recorded.
