IT’S been a year since the crude oil market began rocking the world. Last year, the black gold was still valued at US$50 per barrel. In July it touched on US$150. Accusing fingers point at members of the Organization of Petroleum-Exporting Countries or OPEC, saying they helped raise prices by refusing to increase supplies.

OPEC President Chakib Khelil refutes these charges. The 69-year-old Moroccan insists that OPEC is unable to control the pr