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Media ID: 55358650
Caption:

A table with OPEC logo is seen during the presentation of OPEC’s 2013 World Oil Outlook in Vienna , November 7, 2013. REUTERS/Leonhard Foeger


Oil Rebounds on OPEC Deal Speculation

Oil Rebounds on OPEC Deal Speculation

Oil prices witnessed a1 percent rise on Monday after Venezuela made hints on OPEC members and other oil giant producers might eventually agree to a deal to freeze output, and as clashes in Libya disrupted attempts to restart crude exports from key ports. U.S. gasoline...
Media ID: 55308852
Caption:

Trader Peter Iocolano works in the oil options pit at the New York Mercantile Exchange Wednesday, July 3, 2013. Source: AP Photo/Richard Drew