Wednesday, February 25, 2009

OPEC cuts fail to have significant impact on oil prices

Monday morning saw light, sweet crude for April delivery dip to US$38.44 a barrel on the NYMEX as news that OPEC had slashed production by over 4 mln bpd was overhauled by news from the equity marketss of falling stock prices.

For more details on OPEC cuts fail to have significant impact on oil prices click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: