OPEC is predicting a flat market for oil due to weak economic performance in developed nations.
The Organization of the Petroleum Exporting Countries' latest monthly forecast sees world oil demand to grow by 900,000 barrels a day _ unchanged from its previous report.
In its forecast issued Friday, OPEC says "the weak pace of growth in the OECD economies is negatively affecting oil demand."
The forecast goes on to say that while the U.S. economy has improved, Europe's debt crisis "along with higher oil prices has resulted in considerable uncertainties for future oil demand for the rest of the year."
Doug Giles - Here’s Why Islam Wants Our Heads -- In THEIR Own Words
It’s time for the extraordinary rendition of Roman Polanski
Concealed Carry: What To Do When Stopped By The Police - Bearing Arms - Concealed Cary, Video
George Soros: Top 10 Reasons He Is Dangerous | Human Events
The Myth of "4 Million Conservative Voters Stayed Home in 2012" | RedState
- What Is Your U.S. Income Percentile Ranking?
Colorado FOP slams 'fools' who say shooter alive due to race