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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Protests grow despite Opec offer
Protests against petrol prices intensified yesterday as oil-producing countries promised to pump more crude in an effort to stem runaway world energy costs which have sparked fears of a global recession. After a week of intense diplomatic pressure from US and European policymakers, ministers from the 11-nation oil cartel, Opec, announced yesterday that they would add an extra 800,000 barrels a day, or 3%, to world production.
News Item details
Websites:
http://www.guardian.co.uk
Keywords: Prices - petrol - Production
Countries: Venezuela -
Organisation: OPEC
Subjects: Banking, finance and investment, Trading, Oil markets, Economics, business and commerce, Oil, Petroleum products
