Tag: global

Oil Prices To Fall Further Despite Production Cuts

| October 24, 2008 | 0 Comments

Did you see the news today about OPEC?  We’re entering a global recession, and they cut oil production by 1.5 million barrels a day.  OPEC (Organization of Petroleum Exporting Countries) for those of you who don’t know is a global cartel of oil producing nations who meet regularly to set production levels.  They have the […]

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