Blogs Posts Related To: Opec agrees record oil output cut in an attempt to stop falling prices
By: razak 
The oil producers' cartel Opec has agreed to make a record cut in output, slashing 2.2 million barrels per day from its current supply. Opec has made two other cuts since September,...
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Related Blogs
- Blog Source: windfarms.wordpress.comThe oil producers’ cartel Opec has agreed to make a record cut in output, slashing 2.2 million barrels per day (bpd) from its current supply. Opec has made two other cuts since September, meaning it has cut a total of 4.2 million bpd in ...
- Blog Source: www.cnbc.comOPEC oil ministers agreed on Wednesday to remove a record 2.2 million barrels per day from oil markets, but oil prices fell as the latest US supply data showed demand remains weak.
- Blog Source: www.javno.comOPEC oil ministers lined up on Tuesday to back what would be the group's biggest-ever output cut as crude prices fell further on the wider picture of the damaged world economy. Saudi Arabia was first to publicly support a reduction of 2 ...
- Blog Source: miningbeat.blogspot.comFormer Soviet republic of Azerbaijan is ready to offer an oil output cut of up to 300000 barrels per day to help OPEC support oil prices, Azeri Energy Minister Natik Aliyev told reporters. "We have production capacity of 1 million bpd, ...
- Blog Source: www.livemint.comOPEC announces record cut in oil output, Saudi Arabian oil minister Ali al-Nuaimi said OPEC agreed to a record cut in oil output of two million barrels a day, Home.
- Blog Source: zionistgoldreport.wordpress.comThe cut, effective January 1, comes atop existing curbs of 2 million bpd agreed by OPEC since September. It lowers the supply target for the 11 members bound by output limits to 24.845 million bpd — down nearly 15 percent from September ...
- Blog Source: blog.rebeltraders.netOPEC to Cut Oil Output by 4.2 Million Barrels per Day. by Chuck on December 17, 2008. Yesterday when the Federal Reserve lowered the Fed Funds rate to historic lows they said that ‘inflation risks’ were essentially not a concern to them ...
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