In surprise move, OPEC agrees to boost crude oil output

By Pete Southern in Gold and Oil News | September 13, 2007 13:38 |

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

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



Most Popular Content

Currency Articles - Nov 3, 2024 13:35 - 0 Comments

Pressure Mounts on the British Pound Following Autumn Budget

More In Currency Articles


Gold and Oil News - May 5, 2025 13:10 - 0 Comments

Crude Oil Prices Keep Sliding as Opec Floods Market

More In Gold and Oil News


LiveWire Economics Blog, Shares and Markets - Jun 11, 2025 21:37 - 0 Comments

Dow Jones and US Stocks Take a Breather as Inflation Cools and Trade Talks Reignite

More In Shares and Markets