Oil price falls to new 2017 low
Автор: euronews Business
Загружено: 2017-03-14
Просмотров: 581
Описание:
Oil prices have tumbled following a report that stocks are rising worldwide.
The price of crude was at its lowest in three months on Tuesday after the revelation by OPEC, which also said there was a surprise jump in production by the group's biggest member, Saudi Arabia.
The Saudis increased output in February by 263,000 barrels per day to 10 million bpd, after in January making a larger cut than required by an OPEC accord. They did that to ensure strong initial compliance with the deal.
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