saudi energy

OPEC Experts Resume Talks on Oil Output Cut, Delegates Upbeat

VIENNA/DUBAI, Nov 22 – OPEC experts discussing how to implement a plan to cut oil output are likely to reach agreement later on Tuesday, a Nigerian delegate said, a possible sign of progress in finalizing the group’s first supply-limiting deal since 2008. The High-Level Committee – a technical body comprised mainly of OPEC governors and

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Saudi Energy Minister Urges OPEC to Cut Oil Output to 32.5 Mln Bpd

By Reem Shamseddine, Tom Finn and Rania El Gamal RIYADH/DOHA, Nov 17  – The energy minister for top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC’s deal to limit oil output and mentioned the lower end of a previously agreed production target, helping spur a rally in the price of crude.

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