OPEC Won't Cut Production to Stop Oil's Slump

  • Group effectively has no limit on production, Iran says
  • Nigeria minister says OPEC to keep oil output at current level

OPEC Decides, Oil Slides: How Low Can Prices Go?

OPEC signaled no respite from the global oil glut that has driven prices to a six-year low.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.