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Thursday, December 15, 2016

Non-OPEC Deal Delivers "Voluntary" Oil Production Cuts


INO.com Traders Blog http://ift.tt/2gEpX4y Ministers from eleven Non-OPEC oil producing countries, led by the Russian Federation, met at OPEC’s headquarters in Vienna on December 11th. It had been reported for weeks that they would agree to cut their oil production by 600,000 b/d. What they actually agreed to was a watered-down version of that. It turned out that they […]

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