OPEC might extend production cuts


As reported by Reuters, OPEC is signalling attentions to extend its agreement on limiting oil production to non-members and, additionally, to apply even deeper cuts in the second half of 2017 if its price targets are not met. A number of leading oil producers agreed to reduce output by 1.8 million barrels per day in an effort to boost prices.

Source: Reuters

#oil

Highlighted
Recent

Energy Platform Living Lab    |    Unska 3, 10 000 Zagreb    | @epll.eu

​​​​© EPLL 2020