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Crude oil slips to below $40 as Iran dashes hopes of output freeze

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Crude oil slips to below $40 as Iran dashes hopes of output freeze
15 March 2016, Lagos – Despite the pledge by Saudi Arabia to cooperate with other members of the Organisation of Petroleum Exporting Countries (OPEC) to stabilise the oil market, the price of crude oil fell by almost three per cent yesterday after Iran dashed hopes of a coordinated production freeze in the nearest future. Saudi Arabia […] More »
Crude oil slips to below $40 as Iran dashes hopes of output freeze Crude oil slips to below $40 as Iran dashes hopes of output freeze Reviewed by Crude Oil Facilitators on 19:30 Rating: 5

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