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Saturday, 10 December 2016

What’s at stake when Opec meets non-Opec producers

What’s at stake when Opec meets non-Opec producers:
"Opec is set to meet producers outside of the cartel in Vienna on Saturday as the 13-member group seeks contributions for a global output cut aimed at easing excess supplies and boosting the oil price.

After securing a deal last week to curb output by more than 1m barrels of oil per day, Opec producers are returning to Austria’s capital hoping they can add another 600,000 barrels a day in reductions from other countries."

'via Blog this'