OPEC Oil Targets Will Cut Excess Supply in 2014 (CNBC) The Organization of the Petroleum Exporting Countries (OPEC) released its monthly report today, wherein it announced it is trimming its crude oil output towards next year’s global requirements. OPEC is forecasting that global demand will increase in 2014 as the global economy heads towards recovery. … Continue reading OPEC Oil Targets Will Cut Excess Supply in 2014