Non-OPEC oil producers to cut output 558,000 barrels a day
'Oil closed at $51.58 on Friday, up 6 percent since the OPEC production cut was announced. '
'Saudi oil minister Khalid Al-Falih called Saturday’s deal “historic” and said it would stabilize the market through next year and encourage industry investment. '
'VIENNA — OPEC has persuaded 11 non-member oil producers to cut production in an attempt to raise the low prices that have squeezed government finances in resource-dependent countries. '
'Qatari Energy Minister Mohammed bin Saleh al-Sada, OPEC’s president, said Saturday that non-members agreed to cut 558,000 barrels per day, less than the 600,000 barrels a day that OPEC had hoped for. '
'Russian energy minister Alexander Novak called the meeting “a unique window of opportunity for oil producers to help the market find equilibrium. '
[–] derram ago
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'Oil closed at $51.58 on Friday, up 6 percent since the OPEC production cut was announced. '
'Saudi oil minister Khalid Al-Falih called Saturday’s deal “historic” and said it would stabilize the market through next year and encourage industry investment. '
'VIENNA — OPEC has persuaded 11 non-member oil producers to cut production in an attempt to raise the low prices that have squeezed government finances in resource-dependent countries. '
'Qatari Energy Minister Mohammed bin Saleh al-Sada, OPEC’s president, said Saturday that non-members agreed to cut 558,000 barrels per day, less than the 600,000 barrels a day that OPEC had hoped for. '
'Russian energy minister Alexander Novak called the meeting “a unique window of opportunity for oil producers to help the market find equilibrium. '
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