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OPEC Made A Deal To Cut Back Oil Production In 2017
Newsy Saudi Arabia led OPEC in a deal to cut back oil production going into 2017. It all comes down to supply and demand. An abundance of oil on the market, thanks in part to a fracking boom in the U.S., pushed the price of oil from around $80-$110 a barrel ... US crude settles up 9.3% at $49.44 after OPEC finalizes output cut deal Oil Surges as OPEC Reportedly Nears Production Cut Agreement |
source http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHgcebQrXS--aaZbyUw-seIh8gCFQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779288929303&ei=eKw_WPi_Mcy_3gHmwpToBw&url=http://www.newsy.com/videos/plan-for-gas-prices-to-go-up-in-2017/
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