But even if the chance of OPEC cutting production is almost zero, Iran is interested in letting people think it is ready to use the oil weapon. |
Considering where prices are now, flirting with their record level of August 2005 (70.85 dollars a barrel on August 30), OPEC has no justification for reducing the flow of oil. |
It's often said there is not one world market for natural gas, but three regional markets, Europe, North America and Asia. |