A bunch of OPEC members are 'at risk for a significant crisis in 2016'

12/07/2015

OPEC, the now 13-member oil cartel, decided to maintain production at 31.5 million barrels per day at its meeting in Vienna last Friday. But the group remained divided over its production ceiling, and failed to reach an agreement. And that's pretty grim news for about half of the cartel's members, who are already struggling with low prices amid a supply glut. Read more