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Europe Daily Bulletin No. 8966

11 June 2005
Contents Publication in full By article 13 / 36
GENERAL NEWS / (eu) eu/opec
Barrel price could be $30-50, OPEC president says after talks with EU

Brussels, 10/06/2005 (Agence Europe) - After the first meeting under EU/OPEC energy dialogue, held on Thursday in Brussels (see EUROPE 8965), the president-in-office of OPEC, Kuwaiti Sheik Ahmad Fahd al-Sabah, told the press that OPEC was studying a price range for oil at between $30 and 50 per barrel, which would be acceptable to both consumers and producers. “OPEC through all members is studying what will be the new range acceptable to both consumers and producers (…) We hear many,...

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