OPEC Agrees Oil Output Cut, No Final Figure Yet

Thursday, December 6, 2018

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.

Saudi Energy Minister Khalid al-Falih said earlier that the Organization of the Petroleum Exporting Countries needed non-OPEC Russia to come on board with cuts. He said a final decision by OPEC and its allies was likely by Friday evening.


(Reporting by OPEC Newsroom; Editing by Dale Hudson)

Categories: Energy Industry News Oil

Related Stories

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Current News

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

EnQuest Secures Extension for Vietnam's Offshore Block

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com