| 15.06.2012 - Opec agrees to cap production at current levels |
| The world’s oil cartel Opec has agreed to maintain its current cap on production levels, despite Brent crude’s fall to below $100 a barrel. Some Opec nations had argued for the cap to be reduced, fearing high supplies could cause a collapse in oil prices - especially if the debt crisis causes a significant drop in demand...............................................Full Article: Source |