Advertisement

Opec Metting Called Possible: A top official...

Share
From Times Staff and Wire Service Reports

Opec Metting Called Possible: A top official of Indonesia, one of the more moderate members of OPEC, said it was possible the cartel might hold an emergency meeting because of plunging oil prices. “ I don’t rule out the possibility of such a meeting, but I am not proposing it” said Ginanjar Kartasamita, mines and energy minister. “ I am not a supporter, but I won’t be the one to prevent it.” Oil prices have tumbled because several members of the Organiztion of Petroleum Exporting Countries have been slow to implement cuts pledged early last month.

Advertisement