The Traderszone Network

Published in TZ Latest News 26 November, 2014 by The TZ Newswire Staff

Oil Falls Further On Doubts Of OPEC Supply Cut

Oil futures closed at the lowest level in more than four years amid skepticism that OPEC ministers will come to an agreement that trims a supply glut behind a five-month slide in prices. Futures fell 0.7% in London and 0.5% in New York after Saudi Oil Minister Ali Al-Naimi said tumbling crude prices will stabilize on their own.

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