New OPEC Range
OPEC decided at its meeting on 17.03.2010 in Vienna in a new range of acceptable oil prices.
"Range 80-95 USD for crude oil price. Therefore, we decided initially neither a change in the daily flow or sanctions against countries that undermine the delivery discipline and produce more oil than is allowed them."
meant here is, of course, OPEC basket price, which is currently trading at $ 77.9.
WTI at $ 80.70. (€ 59.77) €
In this way, is the highest value since GS Oelpreisspekulation in 2008, who had only Rothschild Barclays halted.
(a fact we should not forget when one of GS leadership in the financial world speaks / writes.)