opec oil cut

OPEC Oil Cut, if it Comes, More Face-Saver Than Meaningful – Analysts

Nov 28 – Oil futures jumped on Monday after heavy falls in the previous session, reflecting volatility as OPEC officials try to salvage a deal to cut crude production ahead of a long-anticipated formal meeting of the group’s ministers on Wednesday. The 14-member Organization of the Petroleum Exporting Countries announced a preliminary deal in September

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OPEC Ready to Reach ‘Forceful’ Deal on Cutting Oil Output

CARACAS, Nov 17 – OPEC countries are ready to reach a “forceful” agreement on cutting oil output, Venezuelan President Nicolas Maduro said on Wednesday, following a meeting with OPEC Secretary-General Mohammed Barkindo in Caracas. “There is sufficient will among OPEC countries to take the step we need to take in the month of November, (to

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