Oil prices dropped to a five month low of around 104 dollars a barrel on Tuesday, amid expectations that the oil cartel OPEC will not cut supply.
An OPEC ministers meeting is due to get underway soon in Vienna. Earlier in the day, the organisation's President, Chakib Khelil, said he believed the market to be "in balance." OPEC blamed speculators for the I'm staying at Arsenal - Adebayor ...
Oil rises on Opec chief's remarks ...
Chinese floods kill dozens ... rise in oil prices for the past five months.
(Deutsche Welle)
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