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

OPEC agrees to cut oil production amid global glut, Bloomberg reports

nola.com Wednesday, 30 November 2016
It's OPEC's first production cut in eight years.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Bloomberg Global Business - < > Embed

News video: OPEC Outcome Should be Priced in Quickly, Says Komileva

OPEC Outcome Should be Priced in Quickly, Says Komileva 03:29

Nov.30 -- An OPEC deal to curtail oil production and prop up global prices appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement. Ministers gathering in Vienna before Wednesday’s crucial OPEC meeting...

Recent related news

Macquarie: OPEC Deal To Collapse In 2018

OPEC’s production cut deal is unlikely to survive beyond its current deadline in March 2018, with the agreement seen falling apart towards the middle of next...
OilPrice.com - Markets

Oil prices sink to 9-month low as global glut keeps market on defensive

Oil tumbled to the lowest level in nine months, pulling energy stocks down, amid growing concerns that OPEC-led output cuts are failing to ease a global supply...
S.China Morning Post - BusinessAlso reported by •Seattle TimesReutersRTE.ieZee News

Oil falls again, despite decline in US crude supplies

The recent drop in price indicates that efforts by OPEC and 10 other oil-producing countries to cut their production to reduce a supply glut and push prices...
SeattlePI.com - BusinessAlso reported by •Reuters India

Why Is Saudi Arabia Desperate For Higher Oil Prices?

As OPEC’s most significant member and one of the largest crude oil producers in the world, Saudi Arabia typically exerts considerable power over global energy...
OilPrice.com - Markets

Oil jumps 1 pct on weaker dollar, but rise in U.S. drilling drags

SEOUL (Reuters) - Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global...
Reuters India - BusinessAlso reported by •RTE.ie

You Might Like


Other recent news in US

SERENA WILLIAMS Shuts Down John McEnroe for Comparing Her to Male PlayersCongressional Budget Office Says 22 Million Americans Would Lose Coverage Under GOP HEALTH CARE Bill
SENATE GOP health care bill in jeopardy of stalling at procedural voteJOHN MCENROE Refuses To Apologize For Serena Williams Comments
How the WHITE HOUSE Eid dinner got started3 CHICAGO police officers indicted in Laquan McDonald case
Video: Stephen Colbert Says RUSSIAn Intelligence Followed Him All Over RUSSIAGOOGLE hit with record EU fine over Shopping service
New Island Forms Off NORTH CAROLINA CoastEMMETT TILL Mississippi civil rights memorial defaced again

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+