here's what i don't understand in all of this with opec...
now - 33,500,000 bpd X $40 = $1,340,000,000 per day...
then - 95.5% (4.5% cut) of 33,500,000 = 31,825,000 bpd x $45 (day 1 increase)= $1,432,125,000 per day...
this reflects only a $5 per bbl increase, and factors in no reduced...