OPEC, non-OPEC countries cut output to boost prices

by | February 24, 2017 2:25 pm

The Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries have implemented 86 per cent of agreed output cuts, the producers said on Friday in Vienna. The producers noted that there was still room for improvement in oil prices, commending OPEC and other oil production countries. OPEC and a group of 14 other exporters, including…

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