I know the Opec slash production to keep prices from falling, but wouldn't it be nice instead of oil prices increases it just decreases and keep on falling. The more they slash production the more the prices fall. I would hope this would bite them in their faces.
What do you thinkOil Prices and production?
I think the rise in prices caused a dramatic decrease in use. The more they cut the less they make so yes in the long run it hurts their economy. Oil Prices and production?
Prices are falling today, aren't they? OPEC has less control over prices than they imagine.
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