OPEC Deal Could Be Extended Beyond March 2018

OilPrice.com ------ The crude oil production cut deal that OPEC, Russia, and several other producers agreed to late last year could get yet another extension. This extension would push the deal beyond the March 31, 2018 end date that was agreed earlier this year, according to Russia’s Energy Minister Alexander Novak, speaking to news agency TASS. Novak said he had discussed another extension with his Saudi counterpart, Khalid al-Falih, at a meeting in Saint Petersburg earlier this year, noting that all options are on the table and no decisions have been made yet. To learn more click on the picture below to read the article.