Featured
Search
Advanced Search
Learn More

Grab Networks has a huge collection of videos from over 300 news sources. Find in-depth news, embed it to your site, and build community!

About Us
Embedding
Getting Paid
Updates

OPEC cuts deep

December 17, 2008

OPEC made its deepest production cut ever, amid lagging worldwide demand, but prices remain in a slump. Despite the dramatic cut, skepticism remains about OPEC's ability to enforce the action. A separate report in the United States showed oil supplies rose last week. Bobbi Rebell reports.