Falling dollar concerns Opec
- Published: 08 February 2008 15:11
- Author:Perry Williams | More by this Author
- Last Updated: 11 February 2008 09:56
The difficulties faced by Opec members as a result of the falling US dollar remain a deep concern to the oil cartel. Despite a barrel of crude topping $100 in early January, the 13-member body has lost tens of billions of dollars in potential earnings since the turn of the century, as the greenback has fallen against other currencies.
The difficulties faced by Opec members as a result of the falling US dollar remain a deep concern to the oil cartel. Despite a barrel of crude topping $100 in early January, the 13-member body has lost tens of billions of dollars in potential earnings since the turn of the century, as the greenback has fallen against other currencies.
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