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Tag Archives: OPEC

Overnight Market News – September 8, 2009

08-Sep-09

World Economic Forum Names Switzerland as the World’s Most Competitive Economy, Displacing US Following Weakening of its Financial Markets and Rising Budget Deficits OPEC Likely to Leave Output Unchanged at Wednesday’s Meeting as Current Oil Prices Deemed Favourable UK’s Finance Minister to Curb Government Spending when Economy Recovers, But Vows to Protect Frontline Services China’s [...]

Overnight Market News – May 28, 2009

28-May-09

OPEC Leaves Oil Output Unchanged After Meeting, Sees Target of USD 75.00 to USD 80.00 per Barrel by Year’s End Auto Parts Makers Visteon Corp and Metaldyne Corp File for Chapter 11 Bankruptcy on US Operations as Auto Industry Crisis Persists Costco Wholesale Corp Third Quarter Profit Dips 30% to USD 209.6mm on Weak Consumer [...]