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Oil Continues to Climb

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With OPEC to discuss a second increase in output, oil prices have jumped to over $58 a barrel. OPEC will discuss a possible increase this week as refineries in the U.S. may not have the means to increase output. According to a "I think if prices continue to increase, we should increase the 500,000 (barrels a day)," said OPEC President Sheik Ahmed Fahd Al Ahmed Al Sabah. Gasoline prices have reached records for a third day as well. A Murdok | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.

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