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Commodities Briefing - Categorized | Market Moves, Oil, Price Watch more

Oil falls as OPEC considers special meeting

Posted on 09 March 2011

From Bloomberg: Crude oil fell from a 29-month high as the Organization of Petroleum Exporting Countries discussed whether to hold a special meeting amid escalating violence in Libya, a member of the group.
Kuwait’s oil minister said OPEC members are considering whether to convene an “urgent meeting.” Futures trimmed losses as opponents of Libyan leader Muammar Qaddafi prepared to recapture the town of Bin Jawad………………………………………Full Article: Source


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