Bush Heads To Saudi Arabia –

Pesident Bush is heading to Saudi Arabia and one of the main topics will be an increase in oil production by OPEC.  Saudi Arabia has the ability to increase OPECs production due to their percentage vote in OPEC.  Also, they could decide to increase production on their own since they do have additional capacity.

To view the article, please click here:

http://www.reuters.com/article/latestCrisis/idUSL15723179

Jim Sutliff

This entry was posted in Oil, OPEC, Options & Futures, Political News. Bookmark the permalink.