CNBC | Oil market instability creates global economic hardship: OPEC CNBC The oil market needs to be stable in order to prevent economic hardship, the oil producers' cartel OPEC said in its latest World Oil Outlook (WOO) report, while investors eagerly await the outcome of the organization's November meeting. Opec: oil demand could peak in just over a decade Oil Prices Edge Lower Oil market marks a 'turning point' toward balance: OPEC |