OPEC 'feels the heat' on oil, but will they cut?
August 24, 2015 at 13:19 PM EDT
As the selloff in global markets converge with growth concerns to drive down oil prices, analysts are weighing the odds that OPEC could be forced into a production cut. In the middle of speculation that major oil producing countries could cut production to put a floor under prices, crude tumbled to fresh six and half year lows on Monday. Last week, U.S. light crude fell below the $40 mark on ...