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Subscriber OnlyBusinessOPEC History Shows It Can Deal Even Bigger Blows to Oil PriceIs OPEC Fueling the Global Oil Glut? ByGrant Smith+FollowDecember 14, 2015, 3:28 PM UTCUpdated onDecember 15, 2015, 1:00 AM UTCOil’s slump of more than 10 percent in New York since OPEC met on Dec. 4 has struck fear into any remaining crude bulls. The last time the group rattled the market like this -- after its November 2014 meeting -- the pain was much deeper.QuickTake Oil Prices
