BusinessOil Glut Lowers Prices01:19This browser does not support the video element.BusinessKevin Cote06/22/2017June 22, 2017This week a barrel slipped below 45 dollars, even though exporters have slashed production by nearly 1.8 Mmillion barrels a day. OPEC continues to believe prices will stabilize, once the cutbacks take full effect. But others have their doubts. Copy linkAdvertisement