KCSM Newsline November 28, 2014
Output. At the gathering, saudi arabia argued that opec does not need to slash Production Target as current Price Fluctuations are only shortterm ones. Other delegations claimed crude prices will rebound as the recovery drives up demand for crude. In after hours trading in new york, futures prices fell below 70 a barrel for the first time in four and a half years after the opec decision. Out of speculation that oil supply will be excessive. Now, analysts are wondering where prices are headed. For more, lets go to ai. We spoke to a japanese analyst and he said the excess supply of oil could kee...