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Oil Falls Below $40 as OPEC Opts to Maintain Production Levels - Wall Street Journal
Wall Street Journal | Oil Falls Below $40 as OPEC Opts to Maintain Production Levels Wall Street Journal NEW YORK—Oil prices dropped Friday after the Organization of the Petroleum Exporting Countries decided to maintain current production levels even as crude markets remain mired in a supply glut. Light, sweet crude for January delivery settled down $1 ... Goldman thinks oil prices could fall another 50% as the market spends another ... Oil industry experts weigh OPEC's move Paralysed Opec pleads for allies as oil price crumbles |
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