Fred Harteis News Articles - The oil market was unnerved today by speculation OPEC was considering cutting its production to stem a recent decline in oil prices.
After jumping as much as 2.5 percent early on, oil prices narrowed their gains this afternoon.
A decision to cut production is still being discussed by oil ministers from the 11 members of the Organization of Petroleum Exporting Countries, which are considering whether to hold an emergency meeting in coming weeks, an OPEC delegate said.
Some news organizations, including The ... more »
