OPEC already eyeing second ceiling hike

摘要

OPEC's Kuwaiti president,Sheikh Ahmed Fahed al-Sabah.said June 20 he would start consultations June 24 on a"discretionary"500,000 b/d increase in the cartel's crude production ceiling if oil prices were still around current levels.Sheikh Ahmed was speaking on a day when US light crude futures hit a new high of US59.52 and closed at US59.37/bbl,up US0.90.