Share this story
Close X
Switch to Desktop Site

News In Brief

OPEC appears ready to hold prices level

Despite unsettled conflict between Iran and Saudi Arabia, the 13 OPEC countries appeared ready to remain firm before a weakening oil market and are virtually certain to hold their oil to $29 a barrel.

About these ads

The first day of an OPEC ministerial conference ended Wednesday in what delegates described as ''99 percent'' agreement on continuing a pricing and output accord hammered out in London last March.