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Investors Iraq News
08-29-2015, 07:20 PM
Arab OPEC producers brace for oil-price weakness for rest of 2015

A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.

Source: IraqDirectory.com (http://www.iraqdirectory.com/en/2015/08/29/30005/arab-opec-producers-brace-for-oilprice-weakness-for-rest-of-2015-.aspx)

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