Phil Flynn - The PRICE Futures Group - 17 mins ago
They said it wouldn’t get done but OPEC went ahead and did it anyway. OPEC, in Algiers, agreed to reduce oil output to a range of 32.5 to 33 million barrels a day that could eventually lead to a larger cut. But it is not just the amount of oil, the key is that the [...] (full story)
Crude oil prices rose as OPEC unveiled the outlines of an output cut accord but follow-through may prove lacking. Gold prices may fall further on firming Fed rate hike bets.
Crude oil prices rise on OPEC deal but follow-through may fizzle
Gold prices fall on... (full story)