| 10.12.2014 - Market, not OPEC, will determine oil price: UAE official |
| Market forces and the response of high-cost crude producers to the recent fall in prices will determine the cost of oil in the coming months, rather than OPEC, a United Arab Emirates (UAE) oil official said on Tuesday. Prices have fallen more than 40 percent since June and Brent crude for January delivery hit $65.33 a barrel on Tuesday, its lowest since September 2009...............................................Full Article: Source |