At Boston, Massachusetts: as of 3:54 PM
TOP STORIES
 
[40 min ago ]
(NECN: Chris Collins, Boston, Mass.) - Boston College will be flying without their top Eagle. After much speculation, head football coach Jeff Jagodzinski is out of a job. Athletic Director Gene DeFillippo made the announcement today. The firing comes...
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[48 min ago ]
(NECN: Jennifer Eagan, Worcester, Mass.) - A messy mix of snow, sleet and freezing rain is falling across the New England region. People in the Worcester area had been bracing for the worst when they heard freezing rain was in the forecast. Many in...
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[1 hour ago ]
WASHINGTON (AP) - Nissan Motor Co. is recalling more than 240,000 trucks in 20 cold weather states -- including New Hampshire -- to fix a problem that could prevent front air bags from deploying in a crash. The government said in a posting on...
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CATEGORIES
  



Breaking News          [ 8 min ago ]
Citgo keeps heating oil program for poor
BOSTON (AP) - Citgo, the Venezuelan government's Texas-based oil subsidiary, has changed course and will......read more
BUSINESS: Iran: Cut production for higher oil prices
TOP VIDEOS
 
November 15, 2008
Iran: Cut production for higher oil prices


(NECN) - Iran called on OPEC on Saturday to cut oil production by up to an additional 1.5 million barrels per day.

OPEC produces about 40-percent of the world's crude oil and decided to cut production down by 1.5 million barrels in October, responding to falling oil prices.

Oil prices have dropped by more than half, since hitting a record high in July.

OPEC officials will meet Cairo later this month.

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