Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Pulse, Oil, Price Watch, Regulatory more

Expectations of two million barrel OPEC oil cut grow ahead of meeting

Posted on 17 December 2008

From Canadianbusiness.com: Expectations that OPEC will slash oil production by as much as two million barrels a day firmed on Tuesday after Saudi Arabia suggested a reduction of that magnitude is likely.

Such a cut, while not unprecedented, would be considerable given that OPEC has already taken that much oil off the market since September in an attempt to stem crude’s slide….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031