Oil Glut Lowers Prices | Business| Economy and finance news from a German perspective | DW | 22.06.2017
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Oil Glut Lowers Prices

This week a barrel slipped below 45 dollars, even though exporters have slashed production by nearly 1.8 Mmillion barrels a day. OPEC continues to believe prices will stabilize, once the cutbacks take full effect. But others have their doubts.

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