Oil prices have fallen to their lowest levels since 2009. Brent crude oil, one of several kinds of oil on the world market, recently dropped to below $ 40 a barrel. However, OPEC, the Organization of Petroleum Exporting Countries, has been unable to reduce production to limit supply.They called on members to maintain an "energy dialogue" with countries that produce oil but are not OPEC members. About two-thirds of oil production is carried out by non-OPEC countries. But, the 13 OPEC member countries could not agree on any production cuts. OPEC oil production continues at record levels.
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