OPEC to cut production by 1 million barrels of oil per day, the cartel's president says
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Oil prices have fallen sharply in recent weeks from their mid-July high of $78.40 on the New York Mercantile Exchange. By Wednesday afternoon in Europe, light, sweet crude for November delivery was at $58.70 a barrel, up slightly from the opening price.
Oil prices have fallen sharply in recent weeks from their mid-July high of $78.40 on the New York Mercantile Exchange. By Wednesday afternoon in Europe, light, sweet crude for November delivery was at $58.70 a barrel, up slightly from the opening price.
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