OPEC expects landmark decision on oil price

OPEC expects landmark decision on oil price

A landmark decision on the decline in world oil production is expected this Thursday at the OPEC meeting in Vienna.
while representatives of producing countries are yet to strike a balance on the modalities.

The majority, led by Saudi Arabia, are ready to cut back in order to parallel the drop in oil prices.

However, the main agenda this time is to decide on the OPEC oil output policy, whether the existing output cuts should be extended well beyond 2019, as they seek to stem the latest oil p…
READ MORE : http://www.africanews.com/2018/12/06/opec-expects-landmark-decision-on-oil-price

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