Like/Tweet/+1
Search
Display results as :
Advanced Search
RSS feeds

Yahoo! 
MSN 
AOL 
Netvibes 
Bloglines 
Social bookmarking
Social bookmarking Digg  Social bookmarking Delicious  Social bookmarking Reddit  Social bookmarking Stumbleupon  Social bookmarking Slashdot  Social bookmarking Yahoo  Social bookmarking Google  Social bookmarking Blinklist  Social bookmarking Blogmarks  Social bookmarking Technorati  




Bookmark and share the address of UKRAINE ENGLISH NEWS on your social bookmarking website

Share
View previous topicView next topic
avatar
Admin
Administrator
Posts : 12279
Join date : 2015-05-20
Location : United States
http://www.ukraineenglishnews.com
20150829
OPEC countries are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.


This is reported by Censor.NET citing Ukrainska Pravda and Reuters. The agency was told by an OPEC delegate that member countries will not cut production volumes and that it "would be better to leave the market to correct itself." He notes that prices will be around $40-$50 a barrel until the end of the year and hopefully they will reach $60, assuming there will be a recovery in China.

According to another delegate, the oil price will remain around $40-$50 a barrel for the rest of the year. One more delegate says that oil is bottoming and the deeper it goes the quicker the rebound will be, adding prices may dip again to slightly below $45 before slowly recovering to around $60 by December.

censor.net.ua In Russian
Share this post on:Excite BookmarksDiggRedditDel.icio.usGoogleLiveSlashdotNetscapeTechnoratiStumbleUponNewsvineFurlYahooSmarking

Comments

No Comment.

View previous topicView next topic
Permissions in this forum:
You cannot reply to topics in this forum