OPEC Agrees To First Cut In Oil Production Since 2008

Published: 30/11/2016
OPEC Agrees To First Cut In Oil Production Since 2008
Source: WWW.TOPIX.COM

For the first time in eight years, the Organization of Petroleum Exporting Countries has agreed to cut oil output, ratcheting down production by 1.2 million barrels per day in hopes of stabilizing the global oil market. News of the deal sent oil futures higher Wednesday morning.

Read more
Related news
Comment
FACEBOOK