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Opec: Harsh oil no longer “grasps under 60-70 dollars”

March 2nd, 2008 · No Comments


PARIS - the Saudi minister of oil and head of the opec, Ali al-Nouaïmi, has let understand that the price of a barrel harsh oil will no longer fall under a price of 60 à 70 dollars. He that to know in an interview in the booklet Pétrostratégies has given. Exists “there as from now a border among which the price will no longer fall”, explained Nouaïmi. “if you look at to the marginal costs of the production of alternative fuels if the now biobrandstoffen or teerzanden are, then I that which situate themselves between 60 and the 70 dollars”, thus Nouaïmi, think. “if you take into account all subsidies in the production of a barrel biobrandstof, then I doubt that whoever can, to a price lower than 60 or 70 dollars”, added deserve with that money he. “a border delimits as of now the level of the price among which these cannot fall”, decided he.

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