Comments by chief producer Saudi Arabia that the market was “fairly well-balanced” was seen to suggest that output would be unchanged. US light, sweet crude for October fell $1.15, to $105.19. London Brent crude dropped $1.17 to $102.27. Prices have sunk from a record of more than $147 a barrel seen in July. Opec members [...]
Entries from September 2008
Oil falls ahead of Opec
September 9th, 2008 · 1 Comment
Tags: Finance · International · Money · Oil