OPEC points to larger 2017 oil surplus, unless cuts implemented

14 December 2016, London — OPEC pointed on Wednesday to a growing oil supply surplus next year unless members implement their deal to curb output from record levels and outside producers also deliver on cutback pledges made at the weekend. The Organization of the Petroleum Exporting Countries pumped 33.87 million barrels per day (b/d) last […] More »