Oil tumbles 5 percent after OPEC hints at smaller output cut December 6, 2018 admin Business News Comments Off on Oil tumbles 5 percent after OPEC hints at smaller output cut Oil lost nearly 5 percent on Thursday, after OPEC signaled it may agree to a smaller output cut than expected and as concern over the economic impact of trade tensions hit global stocks. …read more Source:: Reuters – Business News Did you enjoy this article? Join our FREE Newsletter! I agree to have my personal information transfered to MailChimp ( more information ) Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.We hate spam. Your email address will not be sold or shared with anyone else.