Scientist Dr Anupom Sen speaking at a discussion meeting at Chittagong City Corporation Book Fair on Monday.

OPEC sees pressures on oil price easing

AFP, Vienna :Market pressures that slashed the price of oil to below $50 per barrel appear to be easing, the OPEC oil cartel said Monday, tweaking upwards its 2015 forecast for crude demand.“Fundamentals factors (of supply and demand) that have weighed on the market for more than a year have persisted, but are starting to show signs of alleviation,” the Organization of Petroleum Exporting Countries said in its October monthly report.It hiked its forecast for global demand for oil this...

13 Oct 2015, 12:00 am