USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

155

Bush: Opec Helps Our Economy Slow Down

"My advice to Opec is understand the consequences of high energy prices, because I do"

Bush: Opec Helps Our Economy Slow Down

US President George W Bush said it was a 'mistake' for Opec to keep the oil output unchanged while record high oil prices hurt the economies of its biggest customers.

'I think it's a mistake to have your biggest customer's economy to slow down as a result of high energy prices,' Bush said.

'My advice to Opec is understand the consequences of high energy prices, because I do,' Bush said.

'Not only is high energy prices having a macro effect on our economy, it's affecting a lot of our families, which troubles me as well.'

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