Oil drops $1 on prospect of OPEC supply boost

By Pete Southern in Gold and Oil News | November 27, 2007 15:00 |

Extract not available. Read More…

LONDON (Reuters) – Oil fell below $97 a barrel on Tuesday as investors bet that the OPEC exporter group will boost supply for a second time this year at a meeting next week to cool near-record prices. Influential Saudi Oil Minister Ali al-Naimi gave Read More…

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 - Aug 13, 2025 1:07 - 0 Comments

Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters

More In Currency Articles


Gold and Oil News - Aug 9, 2025 6:33 - 0 Comments

Gold Soars on Tariff Shock as Copper Holds Steady

More In Gold and Oil News


Shares and Markets - Aug 17, 2025 12:44 - 0 Comments

S&P 500 Grinds Higher as Rate Cut Hopes Simmer

More In Shares and Markets