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Oil price falls below $70 US as OPEC leaves output unchanged

The Canadian dollar plunged almost a full U.S. cent Thursday as oil prices fell below US$70 after the OPEC cartel decided not to cut production.
Oil slumps to four-year low as OPEC shuns output cut  
Oil Drops to 4-Year Low as OPEC Decision Hits Oil Stocks  
Saudis block OPEC output cut, sending oil price plunging

1 of 2. OPEC Secretary-General Abdullah al-Badri waits for the start of a meeting of OPEC oil ministers at OPEC’s headquarters in Vienna November 27, 2014.

OPEC keeps oil output on hold despite low prices  CTV News
Oil Drops to 4-Year Low as OPEC Decision Hits Oil Stocks  Bloomberg
Wall Street Journal   Related articles »

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