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[–] GIF-lLL-S0NG [S] 0 points 1 point (+1|-0) ago 

~ $28 million per day more for US oil is always good news.

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[–] Ardrianian ago  (edited ago)

I'm all for people getting paid and more market share for us!

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[–] derram ago 

https://archive.is/7QmlN :

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. '

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