OPEC fails to agree policy | TheStarTV.com

OPEC fails to agree policy

Published on 3 Jun 2016 11:56:32 AM

OPEC failed to agree on a ceiling for oil production again - for the second time in row, after its meeting in Austria on June 2. Worries about Iran's intention and the threat of a Saudi glut on the markets overshadowing the event, even as leaders talk up the positives of a rebound in the oil price.

Keywords
vienna, opec, market, ceiling, oil price, austria

OPEC failed to agree on a ceiling for oil production again - for the second time in row, after its meeting in Austria on June 2. Worries about Iran's intention and the threat of a Saudi glut on the markets overshadowing the event, even as leaders talk up the positives of a rebound in the oil price.

Keywords:
vienna, opec, market, ceiling, oil price, austria

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