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ChakibKhelil


OPEC: Oil prices could continue to rise

OPEC president Chakib Khelil believes that the already staggering price for a barrel of oil could continue to rise. Citing the low value of the U.S. dollar, Khelil says that investors are likely to continue to place their bets on oil, a necessary commodity. With current prices hovering around $120 per barrel of dino-juice, the sixty percent increase mentioned by OPEC's leading man would place the going-rate darn near $200 a barrel. Those of us living in the U.S. have seen our gas prices rise at an alarming rate, but Whatcar in the U.K. ... Read more →

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