Wed, May 27, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

OPEC oil price keeps dropping amid European debt crisis

Posted on 29 November 2011

The weekly average price of the Organization of Petroleum Exporting Countries (OPEC) dropped to 108.05 U.S. dollars a barrel last week, the Vienna-based cartel said Monday.
The downgrade of Portugal’s credit rating, which has increased the concerns about the European debt crisis, became the major factor suppressing the international oil prices last week………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40662 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31