This is Money | Over a barrel...Saudis refuse to cut oil production, sending prices plunging ... This is Money Britain's drivers can look forward to even lower prices following a stand-off at Opec. The oil producers' cartel shocked markets by failing to agree a production limit amid the biggest oil glut in years. The failure to cut output sent the oil price ... Oil prices sink as OPEC decides to not cut output Brent crude oil futures fall 84 cents Planning for life after oil in Middle East |