Independent journal on economy and transport policy
15:40 GMT+2
OPEC to cut output by 1 million barrels per day
(The Bunker Bulletin)
December 11, 2000
By James Parry OPEC are all set to cut crude output by as much as 1 million barrels per day when they meet in January, following prices tumbling to four-month lows on Friday, according to the Kuwaiti News Agency, Bloomberg reports. The January 17th meeting is likely to see proposals for a cut in production accepted, to prevent prices crashing when demand ...... Read more on The Bunker Bulletin
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