OPEC: Both, demand and supply will soar.

After blaming a weak dollar and speculation over high petrol prices, OPEC stated both demand and supply will soar. However, one wonders whether they will meet at all? " Oil demand and supply will soar: OPEC Cartel blames speculators and weak U.S. dollar for recent price...

Is G-8's relevance unclear?

This is the affirmative answer to such question as expressed in an article by LA Times. " On eve of summit, G-8's relevance is unclear. This week's gathering of the world's major developed nations in Japan will probably be overshadowed by worries about the global economy...