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Oil producers in Russia and Saudi Arabia are pushing to extend
the Organization of Petroleum Exporting Countries’ (OPEC)
production cuts until June of next year, according to a new report
by The Wall Street Journal. The deal, which lowers the bloc’s
output by 1.2 million barrels per day, is already set to extend
until March 2018. Saudi Oil Minister Khalid al-Falih and his
Russian counterpart Alexander Novak met to discuss the potential
extension last month in St. Petersburg. No clear decision has been
reached since then, but both parties…
the Organization of Petroleum Exporting Countries’ (OPEC)
production cuts until June of next year, according to a new report
by The Wall Street Journal. The deal, which lowers the bloc’s
output by 1.2 million barrels per day, is already set to extend
until March 2018. Saudi Oil Minister Khalid al-Falih and his
Russian counterpart Alexander Novak met to discuss the potential
extension last month in St. Petersburg. No clear decision has been
reached since then, but both parties…
Oil producers in Russia and Saudi Arabia are pushing to extend
the Organization of Petroleum Exporting Countries’ (OPEC)
production cuts until June of next year, according to a new report
by The Wall Street Journal. The deal, which lowers the bloc’s
output by 1.2 million barrels per day, is already set to extend
until March 2018. Saudi Oil Minister Khalid al-Falih and his
Russian counterpart Alexander Novak met to discuss the potential
extension last month in St. Petersburg. No clear decision has been
reached since then, but both parties…
the Organization of Petroleum Exporting Countries’ (OPEC)
production cuts until June of next year, according to a new report
by The Wall Street Journal. The deal, which lowers the bloc’s
output by 1.2 million barrels per day, is already set to extend
until March 2018. Saudi Oil Minister Khalid al-Falih and his
Russian counterpart Alexander Novak met to discuss the potential
extension last month in St. Petersburg. No clear decision has been
reached since then, but both parties…