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France 24

Business

Charles PELLEGRIN

OPEC meeting kicks off with benchmark oil prices under pressure

OPEC Oil Taylor Swift UOB Economic Growth Petroleum

BUSINESS DAILY © FRANCE 24

In spite of an agreement struck in April to cut production of crude by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, oil prices still haven't seen a boost. In this edition, we see that concerns over global economic growth are outweighing the production cuts. Also, European space rocket Ariane 5 gears up for its final lift-off and Singaporean bank UOB makes a winning bet on Taylor Swift fans.

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