Oil in ‘sweet spot’ as year’s 1st OPEC meet nears
Friday, June 6, 2014
Posted by: Alisa Allen
As OPEC members prepare for their first meeting of the year this Wednesday, they’ve already found a price target and output quota for oil that actually works, even in a market that’s had to deal with turmoil in the Middle East, tensions with Russia over Ukraine, near-record crude supplies and rising production in the U.S., and a slowdown in Chinese economic growth.
http://www.marketwatch.com/story/oil-in-sweet-spot-as-years-1st-opec-meet-nears-2014-06-06
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