Gold and Oil News
Gold and Oil News - September 13, 2007 13:38
In surprise move, OPEC agrees to boost crude oil output
In surprise move, OPEC agrees to boost crude oil output VIENNA, Austria (AP) – OPEC sought to reassure jittery oil markets Tuesday by agreeing to boost crude production by 500,000 barrels a day – a move the cartel conceded was prompted partly by ‘clouds on the horizon’ from the U.S. housing slump. The Source: c.moreover.com
OPEC Agrees to Modest Increase in Output
OPEC Agrees to Modest Increase in Output OPEC Agrees to Modest Increase in Output The Organization of Petroleum Exporting Countries agreed Tuesday to raise crude oil production by 500,000 barrels per day from the current 25.8 million barrels per day. OPEC reached the agreement at a ministerial
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