OPEC maintains output, calms markets with promise of review
ABU DHABI — OPEC hedged its bets yesterday, opting to keep production steady but setting a new meeting for Feb. 1 to raise output if prices skyrocket. Benchmark crude prices rose on word of the decision, but the prospect of a review early next year – Read More…
Abu Dhabi, Dec 5 Opec agreed on Wednesday to keep exports unchanged, rebuffing consumer country calls for more crude to rein in $90-a-barrel oil. The Organization of the Petroleum Exporting Countries justified the deal saying that it is already pumping Read More…
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.
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