Site icon Iran Times

The Oil Patch

econ 11-14-14November 14-2014

STILL SLIDING — The downward slide continues as OPEC crude fell into the $78-dollar range last week. With crude below $80, more people are taking the decline seriously. Last month, only Venezuela proposed cutting OPEC output to try to prop up prices. Now there is more talk about doing just that. OPEC meets late this month to decide what to do.

Exit mobile version