Oil prices plummet as OPEC decides against output cut
VIENNA — Oil prices fell sharply Thursday amid expectations the powerful oil collective OPEC will decide against intervening in global markets by cutting production levels.I am reading so much rich conservative panic between the lines on this topic. “Let the free market decide!” the wealthy cry, but when the free market’s decision is that the bubble should pop and prices should crash, suddenly they are aghast that no government or industry body wants to impose regulations. Fancy that.