Skip to main content

DowJonesNewswire

  • 0
    OPEC production cuts send a message to the oil market     1161539280

    With all the talk and rumors over the last month, we expected to see OPEC cut oil production by 1 million barrels per day. However, according to Reuters, Friday's announcement of the deeper than expected cut of 1.2 million barrels seemed to send an intended message to buyers on the oil market: if ...

  • 0
    OPEC cuts output, OPEC doesn't cut output. Rumors abound, oil prices on the rise     1160073840

    This'll teach me to stare at news feeds all morning. At 7:39 AM EDT, the Dow Jones Newswire reported that the Organization for Petroleum Exporting Countries agreed to cut oil production by 1 million barrels per day (about 3 percent). As a result, early electronic trading saw the price of crude oil ...

Loading

Loading
Autoblog iPhone App