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Eugene

(61,592 posts)
Sat Dec 10, 2016, 09:37 PM Dec 2016

Non-Opec countries agree to cut oil output

Source: BBC

Non-Opec countries agree to cut oil output

10 December 2016 Business

Eleven oil-producing countries, who are not members of the Opec oil cartel, have agreed to cut their output to boost prices.

The group of states, which includes Russia, said on Saturday that they will cut supplies by 558,000 barrels per day.

Opec announced last month that it would be slashing its own production to ease an oversaturated global market.

It is the first time in 15 years that a global pact has been struck.

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Read more: http://www.bbc.com/news/business-38276667
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Non-Opec countries agree to cut oil output (Original Post) Eugene Dec 2016 OP
Off to the races... Dream Girl Dec 2016 #1
Trade your gas mobile in for an electric car underthematrix Dec 2016 #2
Back to $40 to fill up my car . . . . . no_hypocrisy Dec 2016 #3
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