Oil prices slid Tuesday as investor skepticism grew than the Organization of the Petroleum Exporting Countries would reach an agreement to limit production. OPEC members are meeting in Algiers this week to discuss coordinated action to lift oil prices, which have been hammered in recent years by a persistent global glut of crude. OPEC plans to discuss a proposal to cut almost a million barrels a day of the cartel’s production...
Source: Wall Street Journal September 27, 2016 04:22 UTC