Tue, May 21, 2013
A A A
Welcome hendrik.absolut
RSS

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

Opec agrees deep cut in oil production

Posted on 18 December 2008

From Guardian: Opec ministers surprised the oil markets yesterday by agreeing to cut production more deeply than expected in a desperate bid to halt a free-falling oil price.

The petroleum exporting cartel, led by Saudi Arabia, promised to take 2.2m barrels a day out of the market in a move heralded by one analyst as “the end of the bear market”….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 29713 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner

  • Categories

May 2013
S M T W T F S
« Apr    
 1234
567891011
12131415161718
19202122232425
262728293031