All Eyes on Major OPEC Meeting

Crude oil has been under the microscope for the latter half of 2014, as prices have all but cratered . Starting in late June, crude prices dropped by more than 25% as bearish momentum took over. With oil prices now sitting around $75/barrel many are looking to OPEC to install a solution to keep prices from dipping even further. All eyes will be on the organization as they meet on Thursday (11/27) to discuss possible solutions [for more commodity news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Crude Oil Takes a Tumble Fossil Fuels in Focus as Hurricane Season Begins March Backwardation Report: Energy Futures Downward Sloping Backwardation Report: A Mixed Bag Why the WTI Vs. Brent Crude Spread Is Shrinking