New York Mercantile Exchange

epa02771834 Traders work in the options pit on the floor of the New York Mercantile Exchange in New York, New York, USA, 08 June 2011. OPEC (the Organization of the Petroleum Exporting Countries) announced today that it was not increasing production, pushing the price of oil higher; brent crude rose more than $1 a barrel to over $118. EPA/JUSTIN LANE