EuroNews - Interview - EuroNews speaks to OPEC president

Despite calls to pump more oil, OPEC is expected to decide to hold output levels as they are when it meets on Friday. OPEC's members account for some 40 per cent of the world's oil. The majority of them favour maintaining the status quo as prices are falling over fears of a recession in the United States. EuroNews' Business Editor Annibale Fracasso spoke exclusively to the new president of the cartel, Chakib Khelil, ahead of OPEC's crunch meeting in Vienna.

Channel: News & Politics
Uploaded: January 30, 2008 at 5:06 pm
Author: Euronews

Length: 07:54
Rating: 4.00
Views: 6749

Tags: Chakib euronews interview Khelil OPEC

Video Comments

dureyj28 (May 12, 2008 at 7:06 pm)

I'm sure it has nothing to do with greedy oil tycoons. I'm a complete idiot and believe everything I'm told.

dragontommy707 (March 9, 2008 at 7:16 pm)

oil funds terrorists.nuclear power anyone? negotiation complete

thegilmourfan (February 24, 2008 at 7:47 am)

very knowledgeable person this Chakib Khelil... I really hope that the oil demand wold rise even more and OPEC countries would even lower their supply to the market. That why the oil price would even grow higher.

x11115 (February 21, 2008 at 6:03 pm)

This guy is a real cock sucker. He cherry picked all his data. The price of oil way out of line with supplies. There's all kinds of oil. It's not like metals where you have to mine them oil comes from reservoirs in the ground. Huberts peak theory has never been thoughly researched and shouldn't stop them from increasing reserse supplies and increase flow. The price is way elevated by the cartel. They are taxing people as a % of how much they make. This is not fair on any level.

Ecothearcy (February 10, 2008 at 4:57 pm)

Its nice that America does such a good job helping defend OPEC, invading Kuwait, then taking down Iraq, In exchange the Gulf states lend us money to buy oil and weapons.Good deal for everyone, except the soldiers dead and maimed.

Ecothearcy (February 7, 2008 at 5:46 pm)

see the videoJames Dobson: OPEC and Godless Radical Islam