Dec 15/14 – Think about why OPEC is making these comments

Last week crude oil had one of the worst weeks on record. However over the week-end the negative oil headlines did not let up one bit. As reported by Bloomberg:

OPEC won't immediately change its Nov. 27 decision to keep the group's collective output target unchanged at 30 million barrels a day, Suhail Al-Mazrouei said. Venezuela supports an OPEC meeting …