Oil Prices Eyes February Low Following Upward Adjustment in OPEC Output - DailyFX

The price of oil appears to be on track to test the February low ($86.55) as it clears the July low ($90.56) following the OPEC Ministerial Meeting from earlier this week.

Crude Oil Price Talking Points The price of oil initiates a series of lower highs and lows as the Organization of Petroleum Exporting Countries (OPEC) plan to boost production in September, and crud… [+2697 chars]

full article...