By Bob van der Valk As of Friday June 10, the Intercontinental Exchange (ICE) of London Brent crude oil price went up $2.38 at $119.06, while July West Texas Intermediate (WTI) crude oil gained $1.87 at $100.94 a barrel. At the conclusion of the June 8th Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna meeting, from which all journalists were banned, Secretary General Abdullah Al-Badri said: “Unfortunately we are unable to reach a consensus to reduce or raise production.†He might as well have announced the duel in the desert had commenced…
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