| The growing oil glut could drive oil prices as low as $40 a barrel, experts say – and that may be a good thing. The decision by members of the Organisation of the Petroleum Exporting Countries (Opec) last week not to cut production could have a profound effects on the global economy, analysts say, but not all of them will be negative.
Oil prices plummeted to a four-year low last week after Opec opted to keep its production ceiling unchanged, with some analysts predicting that prices could fall even further, possibly to around $40 a barrel...............................................Full Article: Source
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