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Woodshedder
Joined Nov 11, 2007
31,929 Blog Posts

OPEC Set to Break 10-Year Habit of Supply Cuts During Routs

Woodshedder Mon Jun 11, 2012 8:36pm EST 1 Comment

Is OPEC telling the truth? Perhaps they will cut and just not tell anyone.

For the first time in a decade, OPEC will maintain oil-output quotas while prices plunge as Europe’s debt crisis and China’s slowing growth curb fuel demand.

Read the article here.

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One comment

  1. Po Pimp
    Po Pimp
    June 11, 2012 at 11:58 pm

    This is all about Saudi Arabia kicking Iran in the dick.

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    • 0 Deem this to be "Fake News"

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