OPEC Agrees Oil Output Cut, No Final Figure Yet

Published

© yanamavlyutova / Adobe Stock
© yanamavlyutova / Adobe Stock

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.

Saudi Energy Minister Khalid al-Falih said earlier that the Organization of the Petroleum Exporting Countries needed non-OPEC Russia to come on board with cuts. He said a final decision by OPEC and its allies was likely by Friday evening.


(Reporting by OPEC Newsroom; Editing by Dale Hudson)

Current News

Tidewater Completes WSUT Acquisition

Tidewater Completes WSUT Acqui

Trump says Exxon will Re-Enter Venezuela

Trump says Exxon will Re-Enter

Wison to Integrate Shell Refrigerant Technology into FLNGs

Wison to Integrate Shell Refri

Lucas Cribley Named CEO of C-Innovation

Lucas Cribley Named CEO of C-I

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine