Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

OPEC keeps production ceiling amid signs of new output

Posted on 05 December 2013

The Organization of the Petroleum Exporting Countries kept its production ceiling unchanged Wednesday despite the threat of rising supply that could weigh on prices.
For the better part of a year, members of OPEC, a cartel of some of the world’s biggest oil producers, has been studying the possible market effects of increasing North American output. But now, the threat of surging supply from OPEC members themselves looms………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39496 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031