For OPEC, Path From Oil Freeze to Output Cuts Is Far From Clear

22 Feb For OPEC, Path From Oil Freeze to Output Cuts Is Far From Clear

Posted at 16:56h in Global Energy Industry News by LizOutLoud

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By hellenicshippingnews Saudi Arabia said its accord with Russia to cap oil production was “the beginning of a process,” but the path from a freeze to the output cuts needed to eliminate a global surplus is far from clear. When Saudi Oil Minister Ali al-Naimi hinted that the agreement in Doha was a prelude to “other steps,” … Read full story ›

Source:: Hellenic shipping news Oil