NEVER WINNING A TRADES MUST BE HARD
-
Opec set to stand firm on oil price
This time last year, the oil-producing cartel sent the markets into overdrive with its decision to maintain output, putting immense pressure on the price. Brent crude fell from its heady highs of $115 a barrel in the summer of 2014 to a six-and-a-half year low of $42.69 in August and is currently languishing at around $45 a barrel. It has wiped half a trillion dollars off the collective revenues of Opec’s 12 members, which include Iran, Iraq and Libya. The maintenance of the status quo should be good news for motorists in the UK, who recently benefitted from petrol prices falling below £1 a litre at Morrisons’ ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 29, 2015 9:05pm Nov 29, 2015 9:05pm
- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments
- Comment #2
- Quote
- Nov 29, 2015 9:20pm Nov 29, 2015 9:20pm
- Guest
- | IP XXX.XX.164.127
- Comment #3
- Quote
- Nov 30, 2015 12:37am Nov 30, 2015 12:37am
- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments
NEVER WINNING A TRADES MUST BE HARD