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 - 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