Jun 05, 2015

OPEC maintains its production target - Worldnews.com

The 12-member oil cartel OPEC will leave its production target unchanged at 30 million barrels per day. According to Bloomberg, Saudi Arabia's oil minister Ali al-Naimi confirmed the report that markets were already expecting. OPEC is holding its June meeting in Vienna on Friday. Following this news, crude oil prices were little changed, with West Texas Intermediate crude trading right around...

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