| 09.03.2009 - Oil at $50 looms as OPEC plans cut, keeps to quota |
| From Bloomberg: OPEC’s record production cuts are draining the glut in world oil markets, leading traders to bet that $50 crude is two months away. Ever since oil began its 69 percent plunge from a record $147.27 a barrel in July, traders have been looking for a bottom..... Full Article: Source |