OPEC failed to curb the drop in international oil prices
Xinhua, New York, October 24 (Reporter Chen Gang): because market panic of the possible global economy into recession offseted the effect from reduce of the Organization of Petroleum Exporting Countries (OPEC) production, international oil prices plummeted on 24th, and New York oil prices fell below 65 U.S. dollars a barrel.
Ecuador Mining and Oil Minister: OPEC decided to cut production which will not affect greatly
Ecuador Mining and Oil Minister, Palacios said that OPEC’s output decision for Ecuador will not be a problem, because the cut is necessary measure to help restore oil prices.
OPEC decided on 1.5 million barrels of crude oil production
Organization of Petroleum Exporting Countries (OPEC) on the 24th in Vienna of Austria, at the special meeting made the decision on 1,500,000 barrels of crude oil production to prevent a further decline in oil prices. OPEC’s decision will come on November 1 will take effect.
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HP is said to bully ASUS
According to China Taiwan media reports, in order to curb ASUS notebook business, recently HP threatened its notebook oem manufacturers not to do work for ASUS.
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International Crude Oil fell below 90 USD
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To Neaten and Rejuvenate the Dairy Industry
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