Source Pravda.Ru

BP Say OPEC Should Lift Supply

The world will need more oil from OPEC later this year as economic recovery lifts demand, the BP group has said. “Oil consumption growth has begun to edge upwards as economic recovery takes hold,” said Peter Davies, BP's chief economist at a press conference. “Before the end of the year, the market will need more OPEC oil.”

The Organization of Petroleum Exporting Countries, which meets next week, is set to maintain the lowest output quotas since 1991 for at least three more months. It cut production four times in the year to Jan. 1 to keep crude prices around $25 a barrel.

Global oil consumption fell last year for the first time since 1993, curbed by a recession in the US, the aftermath of Sept. 11 and high prices, BP said in its annual review of world energy. Demand in the U.S., which uses a quarter of the world's energy, declined for the first time in at least a decade.

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Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.

The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
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