OPEC, others working to achieve oil market stability - Barkindo - Vanguard News Nigeria

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OPEC Cuts to Test the Strength of Tanker Market Recovery - Vanguard News NigeriaOrganization of the Petroleum Exporting Countries (OPEC) and Russia agreed to cut oil production by 1.2 million barrels a day during their 5th meeting held on December 7 in Vienna.
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Oil Prices Steady On Trade Talk Hopes, OPEC CutsOil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse trade disputes between the world’s biggest economies. OPEC-led supply cuts also tightened the markets. International Brent crude futures LCOc1 were at $57.42 per barrel at 0742 GMT, up 9 cents, or 0.2 per cent from […]
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