Friday, February 24, 2017

Oil production tug of war looms between OPEC and U.S.

4:23 AM

OPEC-MEETING/

The past week has been a good one for OPEC. The cartel trumpeted its oil production cuts on Wednesday, saying it had made 90 per cent of the promised cuts and that non-OPEC members had made 60 per cent. Meanwhile in the U.S., rising production hit nine million barrels a day.



from CBC | Express Feed News http://ift.tt/2lyF5Gh

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