Oil prices lower on OPEC news, stock market crashes

ASIA-Pacific oil prices hovered around $US65 a barrel this week as a second global stock market tumble in as many weeks stirred concerns over the health of world economies and the future demand for energy.

Oil prices lower on OPEC news, stock market crashes Oil prices lower on OPEC news, stock market crashes Oil prices lower on OPEC news, stock market crashes Oil prices lower on OPEC news, stock market crashes Oil prices lower on OPEC news, stock market crashes

Also helping to keep prices lower was an announcement from the Organisation of Petroleum Exporting Countries that it would keep production levels steady for the time being.

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