Home UAE OPEC Envoy: There is initial agreement to cut production

UAE OPEC Envoy: There is initial agreement to cut production

Published date: 20 Nov. 2018 | 14:48

The United Arab Emirates’ OPEC envoy recently crossed the wires saying that there was an initial agreement to cut crude oil production and added that they haven’t decided on the amount yet.

Key quotes (via Reuters)

Technical committee at OPEC still studying markets, will share final conclusions before Vienna meeting.
Very like OPEC will reduce production compared to previous period.

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