CNNMoney | Saudi, Iran hike oil production before talks on output freeze CNNMoney OPEC is pumping out slightly more than 33.2 million barrels of crude oil per day, around its highest level ever. This has contributed to excess global supplies and caused the price of crude to drop by about 60% since mid-2014. Those low prices are, in ... 4 Reasons Why Oil Won't Rise Over the Short Term Oil Bears Dominate Market as Doubt Grows Over Output Limits Cooperation In Oil? Keep Dreaming |