Shokri Ghanem, Libya's top oil official, talks about the surge in oil to more than $135 a barrel and the ability of OPEC to influence prices. Oil has risen 19 percent this month, surging above $135 for the first time yesterday after U.S. stockpiles unexpectedly dropped and traders closed losing trades on bets that prices would fall. Ghanem is chairman of Libya's National Oil Corp.
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Added: May 22, 2008 |
| Category: Business |
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