Tag: 2019 oil production

OPEC considers 2019 oil production cuts in yet another U-turn

The wind changed again in a stormy oil market as Organization of Petroleum Exporting Countries (OPEC) signaled it will consider a return to cutting output next year, potentially making the second production U-turn this year. Amid a summer of rising prices and unprecedented political pressure from President Donald Trump, Saudi Arabia, Russia and other producers […]

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