OPEC Delays Oil Expansion As Income, Demand Fall

摘要

London (Reuters) - OPEC members have delayed 35 oil projects to expand the group's supply, its secretary general said Monday, as oil's record plunge reduces their revenues and the financial crisis erodes demand.To help revive prices, the Organization of the Petroleum Exporting Countries is willing to cut yet more oil output at a meeting in March, Abdullah al-Badri told reporters at a Chatham House energy conference.