Tuesday, March 17, 2009

Oil rises prior to OPEC meeting

Crude oil for April delivery rose to US$48.14 a barrel on the Nymex over the weekend, after rising by almost US$5 to US$47.03 - the most since February 19. Crude oil prices moved up for the second connsecutive day on the eve of this weekends' OPEC meet to consider a production cut in Vienna on March 15.

For more details on Oil rises prior to OPEC meeting click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: