OPEC, Russia agree oil cut extension to end of 2018

11/30/2017

Saudi Energy Minister Khalid al-Falih said he favored extending the current oil production cuts by nine months until the end of 2018 and said it was premature to talk about exiting the cuts. He added that OPEC would examine progress at its next meeting in June. WTI Crude is UP at $57.85; Brent is UP at $64.07.

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