Opec sorts deal that will see first cut in production SINCE 2008

Opec sorts deal that will see first cut in production SINCE 2008
 

It may also give itself a bloody nose in Asia, where big buyers are ramping up supplies from elsewhere and say they don't want to pay more for fuel.
The Organisation of Petroleum Exporting Countries (Opec) meets tomorrow to hammer out a deal to prop up prices that have halved since 2014.
As they gather, tanker shipments to Asia from non-Opec sources like Alaska, Azerbaijan, and the North Sea are growing, according to shipping data.
Buyers in Asia, which alone uses a third of the world's oil supply, have watched with concern as OPEC suppliers - their biggest - openly discuss propping up... read more

 
Tuesday, 12:15 in World News, Views: 35
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