Believe it or not, oil prices are actually dropping — but OPEC has a plan for that

Believe it or not, oil prices are actually dropping — but OPEC has a plan for that

By DAVID McHUGH | Associated Press
FRANKFURT, Germany — The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections.
Energy ministers cut production by a larger-than-expected…

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