Danger of $150/b remains if speculation not curbed: Badri

摘要

Vienna—OPEC Secretary General Abdalla el-Badri said July 8 there is still a danger oil prices could rise to $150/barrel unless market speculation is curbed.But Badri also said oil prices at current levels were comfortable, though short of the group's price target.Badri, speaking at a news conference in Vienna after presenting OPEC's latest World Oil Outlook, said oil market volatility was damaging to producers and consumers as well as to investors.