Oil above $127, OPEC says world has enough oil
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080519/2008_05_19t022826_305x450_us_markets_oil.jpg?x=88&y=130&q=85&sig=FCAXCDtbHqG0eF34RvAdHA--" align="left" height="130" width="88" alt="An oil rig is silhouetted against the sunset in St. Lawrence, Texas May 9, 2008. (Jessica Rinaldi/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080519/bs_nm/markets_oil_dc)Reuters - Oil rose back above $127 a barrel on
Monday, after OPEC's president said the producer group will not
call an early meeting and even at its September gathering was
unlikely to boost supply as the world had enough oil.</p><br clear="all"/>
http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080519/bs_nm/markets_oil_dc