InfoAnda - OPEC 'slashes output by 1.5m barrels per day'

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Top Stories Full Coverage Most Popular Photos Search Search: OPEC 'slashes output by 1.5m barrels per day' AFP - Saturday, October 25 VIENNA (AFP) - - OPEC decided to cut its oil output by 1.5 million barrels per day from November 1 at an emergency meeting here on Friday, Saudi Oil Minister Ali al-Nuaimi told reporters, as the cartel seeks to support plunging crude prices despite a looming worldwide recession. Analysts had expected the Organization of Petroleum Exporting Countries to cut its daily output by at least one million barrels per day as a global economic slowdown amid a worsening financial crisis slashes demand for energy. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Oil Price Hike Gas exporters postpone Moscow Nov summitReuters - Wednesday, October 29 Oil prices firm after striking 17-month lowsAFP - Wednesday, October 29 China's CNOOC Q3 revenue up 69 pct on higher oil priceReuters - Wednesday, October 29 Oil falls below $63 as investors eye weak demandAP - Tuesday, October 28 Enlarge Photo An oil worker looks at the Al-Rawdatain oil field, north of Kuwait City, in 2005. OPEC has decided to cut its oil output by 1.5 million barrels per day from November 1 at an emergency meeting in Vienna, Saudi Oil Minister Ali al-Nuaimi told reporters, as the cartel seeks to support plunging crude prices despite a looming worldwide recession. Related Full Coverage oil price hike oil price hike All Full Coverage Most Popular – Top Stories Viewed When men see red, they see hot: study World's fattest man weds friend's widow Desperate pleas end in despair as starlet's nephew found dead Markets rebound ahead of key US meeting Australian central bank intervenes as dollar falls again View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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