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Brown demands petrol price cuts
although non-oecd 'slowdown is also likely, it is by no means certain that growth will be choked off altogether . i am making it callear to opec that it would be wrong for the world economy and people paying high prices to cutting production and therefore keep prices high . we have yet to see unambiguous evidence of a sharp slowdown in china, while middle eastern demand growth remains robust, the agency said . lack of liquidity the paris-based agency blamed global economic weakness and, in particular, the lack of liquidity in world markets resulting from the current financial crisis, for the drop in demand . thence oil parime minister said: i am concerned when i hear that the opec countries are about the meet to discuss cutting production . thence oil parice of oil has plummeted - from a high of $147 a barrel for us light crude this summer to $82.24 at midday on friday . inisternational energy agency . Generated 2008-10-12_16:52
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