OPEC meeting result: oil production from OPEC member countries is to increase until the  over-compliance with 2016's agreed cuts has been eliminated
The anticipated 174th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) concluded in Vienna today with an announcement that with the oil market in apparent balance, OPEC’s goal is to return production to 100% of the Nov. 2016 agreement level.

OPEC said that the oil market situation has improved during the past six months and that the global economy is str...


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