Edition: India  
 
> >

OPEC agrees to cut output to push up oil prices

L.A. Times Wednesday, 30 November 2016
OPEC has agreed to cut its oil production for the first time in eight years in an effort to boost crude prices. 

The cartel will cut 1.2 million barrels a day from its present output after its 14 members put aside differences at a meeting Wednesday to agree on individual production levels. 

The...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Business Video Online - < > Embed

News video: Oil rallies ahead of OPEC decision on output

Oil rallies ahead of OPEC decision on output 01:28

Oil prices rose 3 percent on Monday to their highest in three weeks, catching a lift from a weaker dollar, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week. Hayley Platt reports.

You Might Like


Recent related news

Oil prices fall on bloated U.S. crude storage

SINGAPORE (Reuters) - Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an...
Reuters India - BusinessAlso reported by •Zee News

Global crude oil prices slipped to almost 4-month lows

Global crude oil prices slipped to almost 4-month lows
Global crude oil prices slipped to almost four-month lows, today, after data showed US crude inventories rising faster than expected, piling pressure on OPEC to...
All India Radio - Business

OPEC, non-OPEC committee recommends extending output cut by six months

KUWAIT (Reuters) - A joint committee of ministers from OPEC and non-OPEC oil producers recommended extending by six months a global deal to reduce oil output, a...
Reuters India - Front Page


Other recent news in Asia-Pacific

Cyclone Debbie: Thousands flee as AUSTRALIA braces for 'monster' stormNorthland families hunkering down in CYCLONE DEBBIE
Adam Schiff calls on fellow CALIFORNIA Devin Nunes to recuse himself from Russia investigationAsia and Australia Edition: Mosul, RUSSIA, Queensland: Your Morning Briefing
Order cioppino at SAN FRANCISCO's Tadich Grill, perhaps California's oldest restaurantTrump tweets: Dismisses Russia 'story,' attacks the Clintons and House INTELLIGENCE COMMITTEE
NFL approves move of RAIDERS from Oakland to Las VegasLuke Maye gets a standing ovation at his 8 a.m. class the day after putting Tar Heels into FINAL FOUR
Raiders' move to LAS VEGAS will bring them that much closer to their L.A. fansUS ATTORNEY GENERAL Announces Penalties for Immigrant Sanctuaries

Twitter

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter