The Organization of Petroleum Exporting Countries (OPEC) left its oil output target unchanged Wednesday, a decision that sent crude prices shooting higher on global markets and exposed deep divisions in the cartel amid calls for a hike in quotas.
Wednesday, June 8, 2011
OPEC FAILS TO AGREE ON INCREASE PRODUCTION
The Organization of Petroleum Exporting Countries (OPEC) left its oil output target unchanged Wednesday, a decision that sent crude prices shooting higher on global markets and exposed deep divisions in the cartel amid calls for a hike in quotas.
