Oil prices near US$94 as OPEC says it’s ready to supply more oil
SINGAPORE – Crude oil futures fell further Wednesday amid a widening belief that OPEC will consider increasing production to ease record prices. The president of the Organization of Petroleum Exporting Countries said the group stands ready to put more Read More…
Top Gulf OPEC officials expressed alarm today at oil prices threatening to top $100, but reiterated that markets were well supplied and steered clear of saying whether OPEC would raise output next week. The Organization of the Petroleum Exporting Read More…
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Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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