Home Business Oil drops on concerns of economic downturn, but OPEC cuts support Business Oil drops on concerns of economic downturn, but OPEC cuts support By Genpie - January 4, 2019 140 0 Facebook Twitter Google+ Pinterest WhatsApp U.S. oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although crude supply withdrawals by producer club OPEC prevented prices from dropping even further.