Oil prices dip as OPEC official says no cuts planned

30 June 2015, Lagos – US oil prices dipped Thursday, snapping a two-day streak of gains after a top official with OPEC reiterated that the cartel has no plans to cut petroleum production. US benchmark West Texas Intermediate for delivery in September dropped 27 cents to $48.52 a barrel on the New York Mercantile Exchange. European […] More »