Fox Business | Oil Drops on Global Fuel Glut Concerns Fox Business Traders said squabbles within the Organization of the Petroleum Exporting Countries (OPEC) about a planned output cut later this year were also weighing on oil markets. Iraq, OPEC's second biggest oil producer, wants to be exempt from the cut, arguing ... Oil price slumps to $50 on stocks build and Opec doubts Oil is crashing Oil Prices Slide on OPEC Questions |