By CBC News, June 2, 2016
Statement only emphasizes need for members to work for ‘stable market’ for crude
Oil prices fell Thursday after a meeting of OPEC officials ended with the cartel unable to agree on limiting supply.
A statement read at the end of the meeting emphasized the need for members to work for a “stable market” for crude, but it stopped well short of any agreement to turn off the taps and push prices higher.
