OPEC has declined to cut back on its production, putting pressure on U.S. companies to curtail drilling as oil prices fall to a level that makes some production unprofitable. Futures prices for wholesale gasoline and heating oil also rose sharply, up more than 5 percent.
Oil Soars On Signs Us Oil Companies Curtail Production
By The Associated Press, Seattle Post-Intelligencer: Business
Fri, 01/30/2015 - 2:12pm
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