Non-OPEC members agree to slash 558,000b/d

11 December 2016, Sweetcrude, Lagos — Indications are that other crude oil producing countries under the aegis of non-OPEC crude oil producers have agreed to slash output by 558,000 barrels per day as part of efforts to stabilise prices. While no official statement was released by the OPEC Secretariat in Vienna venue of the meeting […] More »