The Traderszone Network

Published in TZ Latest News 4 December, 2015 by The TZ Newswire Staff

Oil falls below $40 as OPEC raises production quota

Output quota hits 31.5 million barrels per day from 30.0 mbpd
The quota hikeĀ is being spun as ‘matching actual production’ and some newswires confused the spin with the reality that the quota went up.