Oil Prices Plummet 7% on Fears of a Glut

Higher production than expected in Russia and the United States suggest that an OPEC deal to reduce supply might not do enough to stabilize prices. [Source]

Publication Date: Wednesday, 19 December 2018 at 00:42:06

Origin: nytimes.com

Category: Oil (Petroleum) and Gasoline

Topics: prices, stabilize, enough, might, supply, reduce, suggest, States, United, Russia, expected, production, Higher, Fears, Plummet, Prices

Source: https://www.nytimes.com/2018/12/18/business/energy-environment/oil-prices.html?partner=rss&emc=rss

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