Crude oil is rising after Saudi Arabia and five other Opec members agreed to cut output. Prices for carbon, coal and gas also firmed on Friday.
The six countries, including Venezuela and Nigeria, agreed to cut production by about 3.4 per cent to halt the two-month slide in prices, Bloomberg reports. According to market players, it will come down to what Saudi Arabia is going to be cutting, but they could put a floor in the market around USD 60/barrel.Oil for November delivery rose 72 cents to USD 60.48 a barrel in after-hours e
Montag, 9.10.2006, 08:05 Uhr
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