Monday 17 December 2018
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eaglenews - 11 days ago

OPEC eyes output cuts to prop up plunging oil prices, defying Trump calls for boost

by Joseph Sotinel and Simon Morgan Agence France Presse VIENNA, Austria (AFP) OPEC members and other oil-producing countries mulled cuts in output Thursday to prop up plunging prices, defying repeated calls by US President Donald Trump that they keep the taps open. We re looking for a sufficient cut to balance the market, equally distributed between countries, Saudi oil minister Khalid al-Falih told reporters ahead of an OPEC meeting in the Austrian capital. Oil [ ]

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