OPEC output unchanged=OPEC減産を見送り

OPEC output unchanged
(OPECは原油の輸出量を変えず=OPEC減産を見送り)

collective oil output
(加盟国)全体の原油生産量

curb a drop in prices
(原油の下落を抑える)

tumble
(急落する)

price fluctuation
(価格変動)

Crude futures
(原油先物)

Speculation
(推測)

At the gathering,
(OPECの集会で)
the delegation from the largest oil producer, Saudi Arabia,
(最大の原油産出国のサウジアラビアが)
argued that OPEC does not need to slash its production target
(生産高の目標を切る必要性はない)
as current price fluctuations are only short-term ones.
(今の変動は短気なものであるから)

#News Vocabulary
excessive
過剰な

Many sell orders were placed for crude futures out of speculation that oil supply will be excessive.
(このままでは石油が過剰になるのではないかと予測して売り注文がでた。)

The taxi business has been suffering from excessive competition.
(タクシー業界は過渡競争に苦しんでいる。)


Crude prices have tumbled more than 30 percent
(原油価格が30%以上下落しました)
in the past six months,
(過去6ヶ月の中で)
 partly due to a boost in U.S. shale oil output.
(理由としてはアメリカにおけるシェールオイルなどの生産高が上がってしまったから)

Other delegations also claimed
(OPECのような他の代表団も言う)
crude prices will rebound in the long term
(少したてば元の値段に戻るだろうと)
as the global economic recovery drives up demand for crude.
(世界的な経済の回復があって、需要を押し上げるはずだ。)