Tuesday, November 22, 2016

Oh Not This Again: OPEC Production Cut Progress

Iran Agrees To Join In Upcoming OPEC Production Cut

With OPEC's Nov. 30 meeting in Vienna just days away, the oil minister of Iran, a member state once reluctant to help the cartel gouge gas prices, announced his readiness to join in and strengthen production cuts. “It is highly probable that oil and energy ministers of the member countries of Organization of Petroleum Exporting Countries…