Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

OPEC agrees to cut output to push up oil prices

L.A. Times Wednesday, 30 November 2016
OPEC has agreed to cut its oil production for the first time in eight years in an effort to boost crude prices. 

The cartel will cut 1.2 million barrels a day from its present output after its 14 members put aside differences at a meeting Wednesday to agree on individual production levels. 

The...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Business Video Online - < > Embed

News video: Oil rallies ahead of OPEC decision on output

Oil rallies ahead of OPEC decision on output 01:28

Oil prices rose 3 percent on Monday to their highest in three weeks, catching a lift from a weaker dollar, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week. Hayley Platt reports.

Recent related news

Not OPEC, China Dictates The Oil Prices

The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of 2017,...
OilPrice.com - MarketsAlso reported by •CBC.caVOA News

You Might Like


Other recent news in Asia-Pacific

Indy 500: Fernando Alonso retires after brilliant debut race as TAKUMA SATO winsPHILIPPINES violence: 19 killed during push against jihadists
AUSTRALIA to send 30 additional troops to AfghanistanCANNES 2017: Ruben Östlund's 'The Square' wins the Palme d'Or
Takuma Sato First Japanese Driver to Win INDIANAPOLIS 500Venus Williams advances to second round of FRENCH OPEN; top-seeded Angelique Kerber is upset
More arrests in MANCHESTER attack, as U.K. remains on high alertTrump returns to an increasingly troubled WHITE HOUSE and criticism from allies
DC Roundup: Trump Returns From Europe, G-7 Climate Talks, RUSSIA ProbeNORTH KOREA Fires Short-Range Ballistic Missile

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+