OPEC president Sheikh Ahmed Fahd al-Ahmed al-Sabah said at the weekend that the cartel will continue to supply more than 30 million barrels per day of oil, the highest level in 25 years.
131
Crude Oil Eased On Opec Pledge
Crude oil prices dropped sharply yesterday after OPEC pledged to keep pumping almost at full capacity
Crude oil prices dropped sharply yesterday after OPEC pledged to keep pumping almost at full capacity even as US inventories are at their highest in nearly six years.
US light crude slid 47 cents to $48.20 a barrel after falling as low as $47.60, a fresh three-month low, on the New York Mercantile Exchange.
Meanwhile, Benchmark Brent crude contract eased 87 cents to $47.79 per barrel at the IPE in London.
OPEC president Sheikh Ahmed Fahd al-Ahmed al-Sabah said at the weekend that the cartel will continue to supply more than 30 million barrels per day of oil, the highest level in 25 years.
OPEC president Sheikh Ahmed Fahd al-Ahmed al-Sabah said at the weekend that the cartel will continue to supply more than 30 million barrels per day of oil, the highest level in 25 years.
Подпишитесь
