Cartel's next meeting to discuss production levels isn't scheduled until June 5, 2015

Oil Price Tumbles After OPEC Releases 2015 Forecast

By Oilprice.com by Andy Tully—— Bio and Archives--December 11, 2014

Global Warming-Energy-Environment | Comments | Back To Full Article

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates.

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