Sunday, April 15, 2007

Nations Must Be Transparent on Crude Oil Use, OPEC President al-Hamli Says

(Bloomberg) -- Oil consuming nations should be transparent about their demand for crude and fuels, Mohamed al- Hamli, OPEC's president and oil minister of the United Arab Emirates, said today.

Crude oil producers face rising costs in developing projects, said al-Hamli, speaking at the Middle East Petroleum and Gas Conference in Dubai.


Read more at Bloomberg Energy News

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