Tehran, YJC. OPEC leaders are trying to pose calm as the current production race indicates that it will take long for the market to see oil sold at $100.
SINGAPORE, Aug 11, 2014 (AFP) - Oil prices rose in Asia Monday as dealers monitor sustained US air strikes on extremist militants in Iraq who are threatening the crude-rich Kurdish region, analysts said.
TEHRAN, YJC. -- Oil prices were lower in Asian trade Monday after OPEC kept its output ceiling unchanged and voiced concerns over weak global economic growth dragging crude demand.