OPEC rules out production increase

By Pete Southern in Gold and Oil News | November 15, 2007 9:00 |

OPEC rules out production increase
OPEC Secretary General Salim al-Badri made this statement while responding to a call by US Energy Secretary Samuel Bodman, who Tuesday asked OPEC to increase its crude oil output to meet falling stock levels and spiralling prices. Al-Badri said there was
Source: c.moreover.com

AP: Soybean prices jump as crude oil rebounds and raises the appeal of soybean-based biofuels
NEW YORK (AP) – Soybean prices surged Wednesday as crude oil and gasoline prices climbed, making fuels such as soybean oil-based biodiesel more attractive as an alternative.Agricultural futures moved broadly higher as oil rebounded from a sharp decline a
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 - Apr 5, 2025 15:06 - 0 Comments

Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries

More In Gold and Oil News


Gold and Oil News, Shares and Markets - Aug 4, 2024 8:48 - 0 Comments

US Stock Market Faces Turbulence and Mixed Commodity Reactions

More In Shares and Markets