Gold and Oil News
Gold and Oil News - September 14, 2007 10:00
Canadian gas prices should fall despite higher crude oil, analysts say (Gasoline-Prices)
MONTREAL (CP) _ Canadian motorists need not rush to the pumps for a quick fill-up out of fear that gasoline prices will be pushed sky high by the recent rise of world oil prices to around US$80 a barrel, analysts say. Factors other than the price of Read More…
OPEC decides to increase crude oil production
VIENNA, Sept. 11 (Xinhua) — OPEC decided in a surprise move to increase its daily oil output by 500,000 barrels in efforts to stabilize the jittery market on Tuesday. The increase will be executed starting from Nov. 2, said the 12-nation Organization of Read More…
In surprise move, OPEC agrees to boost crude oil output
In surprise move, OPEC agrees to boost crude oil output VIENNA, Austria (AP) – OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day – a move the cartel conceded was prompted partly by ‘clouds on the horizon’ from the U.S. housing slump. The Source: c.moreover.com
OPEC Agrees to Modest Increase in Output
OPEC Agrees to Modest Increase in Output OPEC Agrees to Modest Increase in Output The Organization of Petroleum Exporting Countries agreed Tuesday to raise crude oil production by 500,000 barrels per day from the current 25.8 million barrels per day. OPEC reached the agreement at a ministerial
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