Oil is getting whacked after report says OPEC may boost production

Oil was down more than 4% Friday morning.
Reuters had reported that the OPEC cartel of oil producers was considering easing supply cuts.
Follow oil prices in real time here.
Oil dropped more than 4% on Friday after reports suggested the OPEC cartel and other supply-cutting oil producers led by Russia could begin easing output caps. 
West Texas Intermediate was down 4.3% to $67.63 a barrel at 1:15 p.m. ET. Brent, the international benchmark, shed 3.43% to $76.11 a barrel. Last week, Bre