saudis: opec close to extending output cut deal — rt

OPEC is close to reaching agreement to extend the production cut deal beyond its expiry date at the end of June, said Khalid al-Falih, the minister of OPEC's producer and de leader, Saudi Arabia... On OPEC side, rollover is almost in the bag. The question is to calibrate with..

will trump take action against opec?

After all, U.S oil producers are perfectly happy to let OPEC cut production to boost prices OPEC's actions to higher prices works in the favor of U.S shale drillers.. ... He argued that U.S needs OPEC to maintain market stability. ithout OPEC, U.S would have created..

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