The world's top energy policymakers are meeting in the Red Sea city of Jeddah for emergency talks on halting runaway oil prices.
The Saudi oil minister has hinted that his country could again increase production although the oil producer's group OPEC argue that the weak dollar and speculation are fuelling the surge in oil prices and Deutsche Telekom Boss Blames Others for Spying ...
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India and Burma in transport deal ... not demand. US officials argue that production has not kept pace with the growing demand for oil from developing countries like China and India.
(Deutsche Welle)
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