09.09.2014 - Oil below $100 tightens OPEC budgets, prompts signs of concern
Oil's slide below $100 a barrel on Monday adds to financial worries for OPEC members, prompting some in the producer group to voice concern about too much oil in the market even if they see the current fall as short lived. Brent crude fell below $100 a barrel for the first time in 14 months, hit by concerns about slower economic growth and ample supply. Top OPEC exporter Saudi Arabia favors oil at $100, which many others in the 12-member group also support...............................................Full Article: Source
Print