What Does OPEC's Decision Entail?
- 00:04:42
- CNBC
NIGERIA: OPEC agrees to hold production unchanged for now but set the stage for a cutback of half a million barrels a day in February
OPEC predicts oil price rise
QATAR: OPEC agreed to curb its output by 1.2 million barrels per day
OPEC set to keep output steady
AUSTRIA: OPEC for now maintains oil output despite price fall
Opec threat to falling petrol prices
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What Does OPEC's Decision Entail?
OPEC decided to cut output by half a million barrels per day, but with many members already producing more than the specified amount of oil, what does this decision mean? Vera Ladoucette from CERA discusses.
CNBC | September 10, 2008
