day : 05/05/2017 1 results

OPEC Production Cut Agreement Nears Its End: What Will The Future Hold?

The Organization of Petroleum Exporting Countries (OPEC) and other major oil producers have cut production for six months to help drive the price of oil back up. However, they fell short of their goal and the world sits and waits to see if the countries will extend their agreement as the price of oil still hovers below the intended target price. It has been reported that a number of the major crude-producing countries are looking at a deal to extend output cuts and the news couldn’t come at a ...