OPEC's Barkindo: We have been very conservative with demand forecasts

Author: Adam Button | Category: News

Comments from the OPEC secretary general

  • Oil market is not being driven by fundamentals
  • Sees no recession on horizon, US economy doing well
Oil is having another solid day after hitting a one-month high yesterday. WTI is up $0.40 to $58.26 -- near a five-week high.

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