Oil price tumbles after OPEC releases 2015 forecast
Green Car Congress
DECEMBER 11, 2014
27, OPEC refused to lower its production levels below 30 million barrels a day, adding to the oil glut that started with the US boom in high-quality shale oil. As a result, the price of Brent crude has plunged more than 40 percent since June. Futures for US crude also are down dramatically. And yet on Nov.
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