OPEC's Above-Quota Production Reinforced Commitment to Expand Market Share

Crude oil prices dropped as much as US$1/bbl at one point as OPEC output reported to have increased. Yet, losses were partly pared later in the day as equities in the US were lifted by better-than-expected ISM manufacturing index and construction spending.

from Oil N' Gold Focus http://ift.tt/1HHOlIS