Thursday, 30 November 2017

OPEC, Russia head for oil cut extension but wary of overheating market

OPEC, Russia head for oil cut extension but wary of overheating market

30 November 2017, Vienna, Austria — OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signaling that they may review the deal when they meet again in June if the market overheats. With oil prices LCOc1 rallying above $60 per barrel, Russia has questioned the wisdom …

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