OPEC’s Plan Falls Apart As Price Of Oil Plunges
Oil prices remain relatively low despite OPEC’s best efforts. Current crude prices are around $47 dollars a barrel, which is far less than the $108 a barrel oil was selling for in June 2014. OPEC has been reducing oil output to increase crude prices, but that plan doesn’t seem to be working so well. “It’s all…
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Sure is empty down here...