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2015-09-01 18:55:00

OPEC'S VOICE

OPEC'S VOICE

The stubborn drive of OPEC is finally weaning down as the crude cartel has stated that it's ready to talk to other producers about crashing oil prices, according to a release from an OPEC publication on Monday.

"Today's continuing pressure on prices, brought about by higher crude production, coupled with market speculation, remains a cause for concern for OPEC and its members—indeed for all stakeholders in the industry," the commentary in the latest OPEC Bulletin said.

Petroleum prices haven't seen such lows in a decade. The Organization of Petroleum Exporting Countries has kept production at all-time highs…

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Tags: OPEC, OIL, PRICES
Chronicle:
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