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

Oil Falls Over Production Cut Doubts

Duration: 00:54s - Published: < > Embed
News video: Oil Falls Over Production Cut Doubts

Due to signs that leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply, oil prices fell around 2 percent on Tuesday.

The Organization of the Petroleum Exporting Countries will meet in Vienna on Wednesday.

The aim of the meeting is to implement an agreement outlined in September to cut output by around 1 million barrels per day, from around 33.82 million bpd in October.

Key OPEC members appear to disagree over details of the agreement, however..

Share on
Share on
Post on 
Share by

Recent related news

Don’t Count On An OPEC Deal Extension

A year ago this week, markets reeled from the surprise election of U.S. president Donald Trump, and...
OilPrice.com - Markets

Are Oil Markets Immune To U.S. Shale?

Oil prices pulled back slightly following the release of the Baker Hughes rig count report, but...
OilPrice.com - Markets

Oil prices weighed down by rising U.S. supplies, but OPEC cuts prevent falls

SINGAPORE (Reuters) - Oil markets on Thursday were weighed down by rising U.S. crude production and...
Reuters - Business

Oil stable as OPEC cuts counter rising U.S. supplies

SINGAPORE (Reuters) - Oil markets were stable on Thursday as rising U.S. crude production and...
Reuters - Business

You Might Like

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+