Oil settles at $ 72 per barrel after the OPEC meeting

Oil settles at $ 72 per barrel after the OPEC meeting

Friday, November 28, 2014 10:14

Oil settles at 72 dollars per barrel after the OPEC meetingBAGHDAD / follow Baghdadi News / .. settled futures prices for crude international measurement Brent, Friday, above $ 72 a barrel, near its lowest level in four years, which recorded the previous session after OPEC decided not to cut production to support prices.

And disrupted Arabia on Thursday calls from other members of the Organization of less sang the Petroleum Exporting Countries to reductions in production to stop the decline in world oil prices. OPEC’s decision led to a sharp drop in oil prices on Thursday.
By 0446 GMT, Brent crude fell 9 decades cents to $ 72.49 a barrel after the Hun to $ 5.17 the previous session to close at US $ 72.58. In earlier trading on Thursday, Brent touched 71.25 dollars lowest level since July 2010.
And landed US light crude for January delivery in early Asian trade to $ 67.75 a barrel, down about $ 6 almost all settlement price on Wednesday. US markets were closed on Thursday, the Thanksgiving holiday in .anthy 21 / l

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