OPEC Comments Cool Oil Prices

NEW YORK (TheStreet) -- Libyan unrest continues, and gasoline may average $4 in the U.S. this summer, but the Tuesday headline that mattered most, and sent oil prices lower, was the word from OPEC that it is leaning toward released more light, sweet crude to the market. Kuwait's oil minister said on Tuesday that OPEC is in talks about boosting oil supplies, adding to previous commentary from ...

News source: Yahoo! News

Related news: OPEC Comments Cool Oil Prices