Crude Lower Ahead of OPEC Meeting
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Crude is lower by almost $1 in early trade Wednesday. This is likely due to an apparent slowing global economy and a potential output increase by OPEC.
OPEC will be hosting a meeting in Vienna later today. Analysts see a quota increases of 1-1.5 million barrel per day.
Light, Sweet crude last traded down $0.93 to $99.16.
OPEC will be hosting a meeting in Vienna later today. Analysts see a quota increases of 1-1.5 million barrel per day.
Light, Sweet crude last traded down $0.93 to $99.16.
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