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    Home » Breaking: OPEC agrees to extends oil production cuts

    Breaking: OPEC agrees to extends oil production cuts

    November 30, 2017
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    OPEC Conference President Khaled al-Falih addresses the world press at the 173rd OPEC Conference in Vienna.

    30 November 2017, Sweetcrude, Vienna, Austria – The Organisation of the Petroleum Exporting Countries, OPEC, has extended its oil production cut deals, Saudi Energy Minister Khalid al-Falih has confirmed.

    He spoke in Vienna, Austria, on Thursday at the 173rd meeting of the OPEC Conference, saying the decision had been unanimous, “a solid decision to extend deal through December 2018”. 

    According to him, the six observing countries also endorsed the agreement.

    …Details coming

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