OPEC maintains a cautious view of world oil demand and gives no indication it might pump more...

|By:, SA News Editor

OPEC maintains a cautious view of world oil demand and gives no indication it might pump more crude to quell the recent rise in oil prices. Despite rising prices, OPEC isn't convinced these prices will persist for a variety of reasons, including excess quantities of unused crude globally, and it isn't as optimistic about demand as others.