Non-OPEC countries agree to oil cuts

By Kasia Patel
Published: Monday, 12 December 2016

Both OPEC and non-OPEC producers have agreed to jointly cut production in the interest of oil producers and consumers.

Following a meeting with ministers from the Organization of the Petroleum Exporting Countries (OPEC) on 10 December, non-OPEC oil-producing countries have agreed to cut oil output for up to 12 months.

To achieve market stability in the interest of all oil producers, a number of non-OPEC producers have agreed to...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.