You are here: Home » Reuters » News
Business Standard

OPEC does not fix oil prices: Barkindo

Reuters  |  CAIRO 

CAIRO (Reuters) - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of manipulating or fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.A U.S. House of Representatives committee approved a bill on Thursday that would open up the Organization of the Petroleum Exporting Countries to antitrust lawsuits, but it was uncertain if the measure would be considered by the full chamber."We are not in the business of manipulating or fixing prices, therefore it would be a misjudgment to accuse ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, February 11 2019. 16:50 IST
RECOMMENDED FOR YOU