Jason M. Hendler
12-18-2008, 11:44 AM
12/18/08 - Oil falls below $38 per barrel, as demand drops faster than supply:
12-18-2008, 02:33 PM
I'm surprised that it still dropped with OPEC having announced production cuts as of yesterday.
This is the 3rd production cut since September; OPEC has decreased its production by 12% so far.
OPEC Agrees to Another Cut in Production (http://www.nytimes.com/2008/12/18/business/worldbusiness/18opec.html)