Refinaria da JX Nippon Oil & Energy em Yokohama, Japão
07/02/2017
REUTERS/Kim Kyung-Hoon
Assessment: Higher oil means the US Strategic Petroleum Reserve will remain at 1983 levels… OPEC+ members in Vienna have agreed to extend crude production cuts into 2024. In a statement, the cartel said that it was acting “ to achieve and sustain a stable oil market,” and that it was continuing its recent approach of being “proactive, and pre-emptive.” Additionally, Saudi Arabia committed to an additional voluntary cut of 1 million barrels per day as part of
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