OPEC STRATEGY UNCHANGED
Opec is expected to stick with its strategy of not cutting oil production when its ministers meet in Vienna on Friday, with the cartel split over who should take responsibility for reducing supply to support prices.
Delegates and Opec ministers say it is highly likely they will either rollover its 30m-barrel-a-day output target or increase it to accommodate the readmittance of Indonesia to the group, even though prices have slumped close to six-year lows.
However, Saudi Arabia,…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.