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Commodities Briefing - Categorized | Oil, Price Watch more

Oil steadies near $100 ahead of OPEC meeting

Posted on 14 December 2011

U.S. crude steadied near $100 a barrel on Wednesday ahead of an OPEC meeting at which ministers are expected to set a new production target, legitimising a big increase in supply over the last six months.
NYMEX crude for January eased four cents to $100.10 by 2341 GMT a barrel after surging more than $2 in the previous session………………………………………..Full Article: Source


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