USD 63.9542

0

EUR 71.1299

0

BRENT 59.29

0

AI-92 42.26

-0.01

AI-95 46.03

0

AI-98 51.77

-0.02

Diesel 46.25

+0.06

21

OPEC To Raise Output This Week

OPEC president Sheikh Ahmad al-Fahd al-Sabah said yesterday that the members of the cartel this week...

OPEC president Sheikh Ahmad al-Fahd al-Sabah said yesterday that the members of the cartel will consider raising its output ceiling by 500 million barrels as early as this week.

OPEC raised its output target by that amount just last week, however, the move appeared to have little impact on prices.