The Organization of Petroleum Exporting Countries decided yesterday..
The Organization of Petroleum Exporting Countries decided yesterday to stop the oil prices rising.
Ahead of its meeting in Iran next month, OPEC sought to assure consumers that it would pump more crude to curd high oil prices.
After oil?s rise on Tuesday Kuwaiti Oil Minister and OPEC?s head at the same time Sheikh Ahmad al-Fahd al-Sabah, said the group would act to cool oil prices if they kept rising.
"If the prices rise further there will be a reaction from Opec to help lower these prices," said al-Sabah