📄 26688.htm
字号:
锘?!DOCTYPE html PUBliC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"><html xmlns="http://www.w3.org/1999/xhtml"><head><title>OPEC Ends Cairo Meeting with no Change in Oil Output - VOA Standard English In 2008</title><meta http-equiv="Content-Type" content="text/html; charset=utf-8" /><meta content="all" name="robots"/><meta content="VOA Standard English In 2008, OPEC Ends Cairo Meeting with no Change in Oil Output" name="description" /><meta content="VOA Standard English In 2008" name="keywords" /><link rel="stylesheet" type="text/css" href="/images/style.css" /><link rel="stylesheet" type="text/css" href="/images/text-small.css" title="Small Text" /><link rel="alternate stylesheet" type="text/css" href="/images/text-medium.css" title="Medium Text" /><link rel="alternate stylesheet" type="text/css" href="/images/text-large.css" title="Large Text" /></head><body><div><img id="logo" src="/images/voa.gif" alt="VOA" /></div><div id="nav"><a title="VOA" href="http://www.51voa.com/"><b>缇庡浗涔嬮煶</b></a> > <a href="http://www.51voa.com/VOA_Standard_English/index.html">VOA Standard English</a> > <a href="http://www.51voa.com/VOA_Standard_1.html">VOA Standard English In 2008</a> <script type="text/javascript" src="/images/notice.js"></script></div><div id="leftMainContainer"><div id="leftNav"><div class="leftN_title">VOA Standard English</div><ul><li><a href="/VOA_Standard_1.html">VOA Standard English <img src=/images/new.gif border=0></a></li> <li><a href="/VOA_Standard_1_archiver.html">VOA Standard English Archives </a></li> </ul><div class="leftN_title">VOA Special English</div><ul><li><a href="/Development_Report_1.html">Development Report</a></li><li><a href="/This_is_America_1.html">This is America</a></li><li><a href="/Agriculture_Report_1.html">Agriculture Report</a></li><li><a href="/Science_in_the_News_1.html">Science in the News</a></li><li><a href="/Health_Report_1.html">Health Report</a></li><li><a href="/Explorations_1.html">Explorations</a></li><li><a href="/Education_Report_1.html">Education Report</a></li><li><a href="/The_Making_of_a_Nation_1.html">The Making of a Nation</a></li><li><a href="/Economics_Report_1.html">Economics Report</a></li><li><a href="/American_Mosaic_1.html">American Mosaic</a></li><li><a href="/In_the_News_1.html">In the News</a></li><li><a href="/American_Stories_1.html">American Stories</a></li><li><a href="/Words_And_Their_Stories_1.html">Words And Their Stories</a></li><li><a href="/People_in_America_1.html">People in America</a></li></ul><div class="leftN_title">VOA English Learning</div><ul><li><a href="/Word_Master_1.html">Wordmaster</a></li><li><a href="/Learn_A_Word_1.html">Learn A Word</a></li><li><a href="/Bilingual_News_1.html">Bilingual News</a></li><li><a href="/American_Cafe_1.html">American Cafe</a></li><li><a href="/Popular_American_1.html">Popular American</a></li><li><a href="/Business_Etiquette_1.html">Business Etiquette</a></li><li><a href="/Sports_English_1.html">Sports English</a></li><li><a href="/Words_And_Idioms_1.html">Words And Idioms</a></li><li><a href="/Intermediate_American_English_1.html">Intermediate American English</a></li></ul></div><div id="rightContainer"><span class="title">OPEC Ends Cairo Meeting with no Change in Oil Output</span><div id="contentAds"><script type="text/javascript"><!--google_ad_client = "pub-3585518775245612";/* 51VOAContent */google_ad_slot = "4281465902";google_ad_width = 336;google_ad_height = 280;//--></script><script type="text/javascript"src="http://pagead2.googlesyndication.com/pagead/show_ads.js"></script></div><span id="content"><EMBED src="/path.asp?url=/200811/yeranian_opec_emergency_meeting_29Nov08.mp3" width=280 height=40 type="audio/x-pn-realaudio-plugin" autostart="false" Controls="ControlPanel" tppabs=""></EMBED><BR><a href="/path.asp?url=/200811/yeranian_opec_emergency_meeting_29Nov08.mp3" class="wwmp3">» Download Audio</a><BR><BR><span class="byline"> By Edward Yeranian</span> <br> <span class="dateline">Cairo</span><br> <span class="datetime"><em>29 November 2008</em></span><br><p><b>OPEC on Saturday deferred a decision on a new oil supply cut until ameeting in Algeria on December 17. OPEC member states have been meetingin Cairo at an emergency session to discuss possible measures to stopthe steep, recent decline in world oil prices. For VOA, Edward Yeranianreports for VOA from Cairo.</b><br><br>OPEC members delayed a decision onwhether to cut production again this year until December, giving themmore time to assess previous attempts to halt a plunge in prices. <br><br><table class="APIMAGE" style="direction: ltr;" width="190" align="right"><tbody><tr><td style=""><img src="/images/200811/ap_egypt_opec_meeting_175_29Nov08.jpg" id="||CPIMAGE:581885|" alt="OPEC president, Chakib Khelil (center), talks during the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting in Cairo, Egypt, 29 Nov 2008" vspace="2" width="190" align="left" border="0" height="190" hspace="2"></td></tr><tr><td style="" class="imagecaption">OPEC president, Chakib Khelil (center), talks during the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting in Cairo, Egypt, 29 Nov 2008</td></tr></tbody></table>Accordingto Chakib Khelil, the group's president, will carry out a "closescrutiny" of the market in the run-up to a meeting in Oran, Algeria, onDecember 17. Khelil told reporters after Saturday's Cairo meeting thatOPEC will "take any additional action" to "achieve market stability" atthat time.<br><br>OPEC called this "consultative" meeting of ministersfor Saturday rather than wait until its next scheduled conference inAlgeria, as the slowing world economy reduced global consumption fasterthan expected. <br><br>OPEC members have a delicate balancing act toperform as they strive to boost prices without overreacting in terms ofproduction cuts and being blamed for exacerbating the economicslowdown. <br><br>Saudi Oil Minister Ali al-Naimi says that no cut will be made before next month.<br><br>Hesays that Saturday's meeting is just for consultation and in preparationof the next official meeting in Oran, Algeria, in December. Anydecision to cut production, he adds, will be made at that meeting afterstudying the state of oil markets at that time, since it's too soon toact, right now.<br><br>Al-Naimi also claims that most oil producingnations are "respecting their production quotas, since it's ineveryone's interest to do so."<br><br>Al-Arabiya TV, however, saysthat, ironically, the bloc of nations known as "hawks" for theirinsistence on maintaining high oil prices, which include Iran,Venezuela, Nigeria and Libya, "have been among the worst overproducers"of the entire oil cartel.<br><br>Analysts say that Arab oil ministersmet, separately, before the official OPEC meeting, in a bid to shore upranks and to put pressure on those countries not respecting the currentofficial quotas.<br><br>Saudi King Abdullah told the Kuwaiti daily AsSiyassah, in an interview, Saturday, that he believes that $75 is a"fair price for a barrel of oil."<br><br>Qatar's Oil Minister Abdallahal-Attiyah also told reporters at Saturday's OPEC meeting that anyprice below $70 a barrel would cause a "freeze" on investment in theoil production sector.<br><br>He says that OPEC is waiting to see howthe global economic crisis plays out before making a decision onproduction cuts, but that an oil price below the threshold of $70 to$80 a barrel will cause a freeze on investment and that no money willbe put into new or existing wells, causing future production problems.<br><br>AnalystLouis Hobeika, who is Professor of Economics and Finance at Beirut'sNotre Dame University, thinks that a production cut cannot really stemthe fall in prices, anyway.<br><br>"This is really now a demand drivenmarket, in the sense of suppliers cannot really do much to stop thedecline in prices and therefore it's difficult for them," he said. "Ofcourse, if they lower production by 5 million barrels a day, they willimpact." <br></p><p>"However, they cannot afford it, because their budgets are basedon very important, steady flows of income. So, on the one hand, theylike to push prices up, on the other hand, they cannot really do itthrough a decrease in production, especially since they have tried it afew weeks ago, and it didn't work," he added.<br><br>Oil prices have tumbled morethan 60 percent since their record highs last July, and even dippedbelow $50 a barrel, last week. Friday's closing price of $54 a barrelis a slight improvement for producers, but satisfies few at OPEC.<br><br>Theoil cartel cut production by 1.5 million barrels a day at its lastmeeting on October 24 in Vienna, and seems to be hoping that producingnations adhere to those quotas before being making any move to cutproduction at the next meeting in Algeria on December 17. <br></p> </span><div id="list"><ol><LI><A href="VOA_Standard_English_26687.html" target=_blank>Zimbabwe Stalemate Hinges On South African Promise</A></LI><LI><A href="VOA_Standard_English_26686.html" target=_blank>Mumbai Siege Over, Indian Forces Kill Last Militants</A></LI><LI><A href="VOA_Standard_English_26684.html" target=_blank>Thai Police Take First Steps to Enforce State of Emergency and End Airport Protests</A></LI><LI><A href="VOA_Standard_English_26683.html" target=_blank>Suicide-Bomber Attacks Shi'ite Mosque in Musayyib, South of Baghdad</A></LI><LI><A href="VOA_Standard_English_26682.html" target=_blank>Some Worry Mumbai Terror Strikes Could Affect Investor Confidence</A></LI><LI><A href="VOA_Standard_English_26680.html" target=_blank>Afghan Officials Back Allegations of Regional Links to Mumbai Attackers</A></LI><LI><A href="VOA_Standard_English_26679.html" target=_blank>Pakistan's Gilani to Send Spy Agency Chief to Mumbai</A></LI><LI><A href="VOA_Standard_English_26678.html" target=_blank>Tentative Agreement Pushes Zimbabwe One Step Forward to Inclusive Government</A></LI><LI><A href="VOA_Standard_English_26677.html" target=_blank>US Says 2 Americans Killed in Mumbai Attacks, But Toll Could be Higher</A></LI><LI><A href="VOA_Standard_English_26676.html" target=_blank>Troops Deployed to Stop Fighting in Central Nigeria</A></LI></ol></div><div class="clearing"></div></div><div class="clearing"></div><div id="footer">© 2001-2008 Powered by <a href="http://www.51voa.com">51VOA.Com</a> <div id="topAds"><script language=javascript src="/topAds.js"></script></div> <div id="count"><script language=javascript src="/count.js"></script></div></div></body></html>⌨️ 快捷键说明
复制代码
Ctrl + C
搜索代码
Ctrl + F
全屏模式
F11
切换主题
Ctrl + Shift + D
显示快捷键
?
增大字号
Ctrl + =
减小字号
Ctrl + -