[news] Opec 'unable to pump more oil'

[Resist!ca]

The president of oil producers' cartel Opec has said oil prices are at "crazy" 
levels, but that Opec nations are powerless to cool the market. "There is no 
more supply," said Opec president Purnomo Yusgiantoro after oil prices hit a 
fresh peak following warnings of an attack on the US. His remarks pushed prices 
even higher, topping $44 a barrel for a new record on the New York Mercantile 
Exchange.

URL: http://resist.ca/story/2004/8/3/95755/98837