Without oil, the economy is going to suffer and that might be behind OPEC cutting production down by two million barrels a day. What will be the economic impact of OPEC & Russia cutting two million barrels of oil per day? OPEC and Russia meet today, (5 October), with a big cut in oil output on the table. Analysts say a very large cut on the order of two million barrels a day could be on the table. What impact will this have on gas prices, and will it push us into recession?
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