OPEC will be discussing a second increase in output which has caused oil prices to jump to over $58 a barrel. With U.S. refineries possibly not having the means to increase output, OPEC will discuss a possible increase this week. 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.
Oil Jumps Over $58 With OPEC Set to Discuss Output Increase
0 views
Comments (0)
Please sign in to leave a comment.
No comments yet. Be the first to comment!