Boom! OPEC raises oil production to 31.5 million barrels a day and the price sinks

Venezuela said it would press its partners in OPEC will cut oil production to bring prices back up because otherwise they could go to $ 20 a barrel.

Well, today OPEC has agreed to set oil production at 31.5 million barrels per day (bpd) compared with 30 million fixed today. If not want to drink two cups broth and oil in the market.

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