OPEC

China Promises Active Support for Price Stabilization 

China has said that it intends to take active steps to support OPEC's efforts to stabilize world oil prices. A report by the official New China News Agency in Peking on 26 March quoted State Councellor Gu Mu as telling the Venezuelan Foreign Minister in Caracas that China supports OPEC's attempt to stabilize prices and that it "will take active measures to cooperate with these countries in this regard."...