Oil Trades Near One-Month High After OPEC Agrees Production Cuts

By hellenicshippingnews Oil traded near a one-month high after OPEC's surprise decision to trim output for the first time in eight years. Futures were little changed in New York after surging 7 percent in the last two days. The Organization of Petroleum Exporting Countries agreed to cut production to a range of 32.5 million to […]

Published September 30, 2016

By LizOutLoud

By hellenicshippingnews Oil traded near a one-month high after OPEC's surprise decision to trim output for the first time in eight years. Futures were little changed in New York after surging 7 percent in the last two days. The Organization of Petroleum Exporting Countries agreed to cut production to a range of 32.5 million to 33 million barrels ... Read full story ›

Source:: Hellenic shipping news Oil

      

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