OPEC meeting ends, oil down more than $2
<p>OPEC has decided that individual members will announce voluntary quota cuts. I really don't think that's a big deal but the market didn't like it and didn't even love when it looked like a regular cut near 1 mbpd. </p><p>Now we wait for each member state to announce their voluntary cut and then we'll add up the numbers.</p><p>Update: WTI is now down $2.</p>
This article was written by Adam Button at www.forexlive.com.
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