Crude oil prices recoil after OPEC report
New York (UPI) Nov 12, 2014 - U.S. and global crude oil price indices moved lower in Wednesday trading after OPEC raised its outlook for world oil production moving forward. The Organization of Petroleum Exporting Countries said in its November market report output from its members declined by 230,000 barrels per day as production from North America cuts into imports. The price for the 12 crude oil blends tha ... more
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