• OPEC Reaches Tentative Agreement to Cut Its Own Ouput by 800,000 B/D - Sources

Market news

7 December 2018

OPEC Reaches Tentative Agreement to Cut Its Own Ouput by 800,000 B/D - Sources

  • Production Cut to Start From Jan. 1

  • OPEC Still to Meet With Non-OPEC Producers

  • OPEC Production Cut to Be Reviewed in April

  • Non-OPEC Producers Proposing to Cut 400,000 B/D

  • OPEC, Non-OPEC Collaboration to Continue in 2019

  • Russia Oil Min Thanks Saudi Arabia for Stabilizing Oil Market

  • Russia Oil Min Expects to Reach Mutual Understanding With OPEC

  • Russia Oil Min, OPEC President Don't Expressly Mention Production Cut Ahead of Closed Session

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