opec nonopec producers meet on saturday to share
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

OPEC, non-OPEC producers meet on Saturday to share

Arab Today, arab today

Arab Today, arab today OPEC, non-OPEC producers meet on Saturday to share

OPEC
Vienna - WAM

OPEC and non-OPEC producers will meet on Saturday in Vienna to determine quotas that non-OPEC producers will commit in support of the group's last month agreement to cut 1.2 million bpd in a bid to stabilise the world oil market.

Russia has pledged to trim output by 300,000 barrels a day, and OPEC members will discuss additional reductions with other suppliers. The group decided to pump less oil for six months starting Jan. 1 to try to support prices, which fell by about half from their 2014 peak.

Representatives from the Organisation of the Petroleum Exporting Countries (OPEC) will meet their counterparts from Russia, Colombia, Congo, Egypt, Kazakhstan, Mexico, Oman and Trinidad and Tobago for talks about their contributions to OPEC's planned oil output cut to balance the market.

Analysts and observers hope Russia would announce further cut than its previous promise of 300,000 bpd out of Moscow's desire to stabilise world oil markets and bring prices back to levels acceptable to both producers and consumers alike.

They also said OPEC's plan to rebalance the oil market will only work if Russia and other countries outside the group follow through on their commitments to rein in production.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opec nonopec producers meet on saturday to share opec nonopec producers meet on saturday to share

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opec nonopec producers meet on saturday to share opec nonopec producers meet on saturday to share

 



GMT 18:03 2016 Sunday ,11 September

Low interest rates are a drag on US bank profits

GMT 10:11 2017 Thursday ,07 December

US lawmakers deny Democrat's bid to impeach Trump

GMT 12:58 2017 Sunday ,15 January

US 'hostility' grows despite nuclear deal

GMT 09:34 2017 Thursday ,19 October

Croatia court orders arrest of retail giant boss

GMT 22:40 2018 Friday ,05 January

Education Minister attends workshop

GMT 16:33 2012 Wednesday ,15 February

Second generation coupe

GMT 12:50 2017 Wednesday ,25 October

Irish star Zebo risks Test future over Racing move

GMT 03:32 2017 Tuesday ,05 December

Sisi vows forceful response after mosque massacre

GMT 12:24 2017 Thursday ,02 February

Egyptians overjoyed by reaching AFCON 2017 final

GMT 19:58 2017 Saturday ,01 April

Lebanese Army Reports New Israeli Breach

GMT 21:24 2017 Thursday ,16 February

S. Korea's ICT Exports Increase in January
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday