All Eyes On Major OPEC Meeting
December 03, 2014 at 12:54 PM EST
Crude oil has been under the microscope for the latter half of 2014, as prices have all but cratered. Starting in late June, crude prices dropped by more than 25% as bearish momentum took over. With oil prices now sitting around $75/barrel many are looking to OPEC to install a solution to keep prices from dipping even further. All eyes will be on the organization as they meet on Thursday (11/27) to discuss possible solutions [for more commodity news and analysis subscribe to our free newsletter ].