Showing posts with label OPEC. Show all posts
Showing posts with label OPEC. Show all posts

Monday, April 18, 2016

Botched Doha deal undermines OPEC credibility, oil prices tumble

Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel.
Read more at Yahoo News Read More......

Monday, June 6, 2011

OPEC's Most-Hostile Meeting Since 1990 Gulf War

OPEC’s decision on production quotas this week may be complicated by hostilities in Libya as members meeting in Vienna find themselves supporting opposing camps of a military conflict for the first time in 21 years. Read more at Bloomberg... Read More......