Tag archive for ‘Opec’
By pak_adnews On Tuesday, December 5th, 2017

The Global Oil War Rages On With OPEC Cut Deal Extension

By Catherine Putz OPEC and major non-OPEC producers agreed to extend the December 2016 production cut deal through 2018. Last week, OPEC and non-OPEC major oil producers agreed to extend production cuts that have More...

By pak_adnews On Monday, January 18th, 2016

Oil price crushed as Iran sanctions lifted

The oil price has fallen below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem. Brent crude, used as an international benchmark, fell as low as $27.67 More...