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OPEC's Moves Shrouded in MysteryAt issue is whether OPEC will officially raise its oil-output quota, and if it does, by how much. Usually, a consensus is achieved before the meeting begins and is signaled to oil markets. The behind-the-scenes discussions leading up to Wednesday's ... read more
Standard Bank's De Wet Says OPEC Aiming for Oil at $90
June 8 (Bloomberg) -- Walter de Wet, head of commodities research at Standard Bank Ltd., talks about the outlook for oil prices as the Organization of Petroleum Exporting Countries meets in Vienna. He speaks with Linzie Janis and Owen Thomas on ... read more
Futures Weak; Fed Beige Book, OPEC Meet Eyed
Stock index futures in the United States were trading lower early Wednesday, pointing to a weak start to stocks, with the Federal Reserve's Beige Book, meeting of the oil-producing OPEC consortium ... read more
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