Production cap: Global oil inventories shrink by 210m barrels — OPEC

02 October 2017, Sweetcrude, Vienna, Austria — The Secretary-General of the Organisation of Petroleum Exporting Countries, OPEC, Mr. Mohammed Barkindo, has given a pass mark to the output cut agreement entered between OPEC and non-OPEC countries, stating that it has brought about a 210 million barrels decline in global crude oil inventories. In his presentation […] More »