Forbes | Here's What Oil Did The Last Time OPEC Cut Production Forbes It finally happened. For the first time since 2008, the Organization of Petroleum Exporting Countries (OPEC) agreed to a crude oil production cut last week, renewing hope among producers and investors that prices can begin to recover in earnest after a ... OPEC to Seek More Oil-Output Cuts from Nonmembers Oil's Opec rally finds new legs as Brent hits $55 The time has come to take profits from the oil trade |