Sheikh Ahmad al-Abdallah al-Sabah, Minister of oil to the Kuwait, was declared to journalists that OPEC was "consultations on a possible increase in output", but said no there was no decision for the group to produce still on quotas.
However, the Organization has differences on the increase in supply. The Iran, which holds the rotating Presidency of OPEC, saying: no there was no need a boost in production as consumer concerns over supply were "psychological".
An increase in the official release by OPEC would signal the willingness of the group to put a cap on the price and keep the global economic recovery on track.
Oil doped high to two and a half years, last month after the revolutions in Tunisia and the Egypt and the Morocco to Oman protests. A mixing of the civil war in Libya has left many two-thirds of the country's oil production, or 1 m barrels per day (BPD),.
Saudi Arabia, the world largest oil exporter and home to most of the spare capacity held by the Organization of the country, oil exporters is pumping about 9 m barrels per day, about 1 m bpd above its quota.
US crude, which closed above $105 on Monday - the highest since September 2008 - increased to $1,2,5,8 Tuesday after the slide previous 1.29 $ $104,15.
However, who had been hunted $ 1,440 per ounce at one point yesterday in a flight to safety, also rebounded to $1,434.42 in London after falling to $1,428 in trade at the beginning.
Nerves on the Libya returned when Colonel Gaddafi sent combat aircraft to strike rebel forces behind the Eastern war front lines as he rode his offensive counter.
High oil prices pose a threat to the fragile economies, including Britain. "With fiscal tightening and food, the price of oil prices are a real threat to the United Kingdom" said Julian Jessop, Economist at capital economics.
The Council expects this country around a recession yet, but predicted just 1. 5pc growth this year and next.
Rising petroleum costs have put the British Government under pressure to increase in the duty of the scrap fuel and Chancellor abandoned its wider tip that there could be a help for drivers in the Budget.
"I'm looking, of course, the fuel duty," he said yesterday. "I see what I can do to help."
In United States, the White House is considering tapping the country strategic oil reserves if prices continue North. "We are looking at options." The question of reservations is one before us, said William Daly, Chief of staff of the President Barack Obama.
Last America operated its reserves, which hold about 727 m barrels per day, Hurricane Katrina in 2005. Analysts at Deutsche Bank reduce oil. Price of gasoline is close to a maximum of two years of $3.81 per gallon, according to AAA, an organization of U.S. automobile.
A version co-ordinated by the OECD economies strategic oil stocks is not necessary yet because that the interruption of oil supplies caused by the uprising of remains of Libya limited worldwide, the International Energy Agency (IEA) said Monday.
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