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OPEC Chief Calls on US to Tap Reserves to Reduce Oil Prices


The head of the Organization of Petroleum Exporting Countries (OPEC) has called on the United States to release some of its oil reserves to help reduce world oil prices.

Purnomo Yusgiantoro, who is also Indonesia's energy minister, did not say whether the United States has responded to the request.

The United States has hundreds of millions of barrels of oil in its strategic petroleum reserve. The reserve has been tapped on several, exceptional occasions.

World oil prices have risen sharply this year, and currently stand at over $55 a barrel.

Some information for this report provided by AP and AFP.