Markets:

DJIA --179.030.57%

NASDAQ +12.150.09%

S&P --11.600.30%

Featured Stocks:

HBP 0.29% 3.45

IWM +1.16% 215.00

SOCL +0.79% 67.67

IIPR -1.15% 194.38

opec output

Featured Story
What the OPEC Meeting 2015 Means for Prices Now

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - December 4, 2015
OPEC Meeting 2015: Oil officials from all 12 OPEC countries met at the Vienna headquarters today.
As expected, the meeting concluded in bitterness among members.
But here's why the meeting's outcome won't have a long-term effect on oil prices in 2016...

Article Index

What the OPEC Meeting 2015 Means for Prices Now

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - December 4, 2015

OPEC Meeting 2015: Oil officials from all 12 OPEC countries met at the Vienna headquarters today.

As expected, the meeting concluded in bitterness among members.

But here's why the meeting's outcome won't have a long-term effect on oil prices in 2016...

Why the OPEC Meeting Matters

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - December 3, 2015

With the 168th OPEC meeting on Friday, many people are wondering why the OPEC meeting matters.

After all, the last summit saw no major outcomes as the cartel decided to keep production unchanged.

But there are two reasons why this meeting could have a big impact on the 2016 oil market...