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OPEC Cancels Meeting With Non-OPEC Players, Dooming Oil Prices

 
Anonymous Coward
User ID: 70661422
United States
11/26/2016 10:47 PM
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OPEC Cancels Meeting With Non-OPEC Players, Dooming Oil Prices
A power play by Saudi Arabia has resulted in the cancellation of a meeting intended to steer the world’s oil exporters towards a production freeze, causing oil prices to tank on Friday.

After the kingdom decided to take a rain check for a Monday meeting that would have brought together OPEC members and non-OPEC members, the remaining attendees called the event off completely.

[link to oilprice.com]


lets hear your thoughts about monday crude prices.
Anonymous Coward (OP)
User ID: 70661422
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11/27/2016 11:40 AM
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Re: OPEC Cancels Meeting With Non-OPEC Players, Dooming Oil Prices
A power play by Saudi Arabia has resulted in the cancellation of a meeting intended to steer the world’s oil exporters towards a production freeze, causing oil prices to tank on Friday.

After the kingdom decided to take a rain check for a Monday meeting that would have brought together OPEC members and non-OPEC members, the remaining attendees called the event off completely.

[link to oilprice.com]


lets hear your thoughts about monday crude prices.
 Quoting: Goneviral


word is getting out!!

oil markets reflect.

Delayed Data
As of Nov 25
-0.16 / -2.80%
Today’s Change
4.30TODAY
|||
52-Week Range
7.84
-10.75%

[link to money.cnn.com]





GLP