According to Business Insider, oil prices are down after an OPEC meeting in Vienna. During the meeting, OPEC member nations discussed cutting production, while the Qatar announced it will leave the cartel next year. But the proposed production cuts will seek to balance the oil market, while managing prices. Although speculators expect OPEC to cut production by 1.4 million barrels per day, but Saudi energy minister Khalid Al-Falih cutting 1 million barrels a day will be adequate.

general info

  • Uploaded    12/06/2018
  • Business & Finance
  • Amazon invites Ocasio-Cortez To Tour Facility
  • Mexico to Inject $3.9 Billion In Pemex
  • Barbie turns 60 at New York Toy Fair
  • Wall Street rallies on trade hopes
  • Lyft''s strategy vs. Uber in IPO race.
  • Amazon's Surprising NYC Bail
  • Uber Profitable Ahead Of IPO
  • Uber Slowed As It Gears Up For IPO
  • Wall Street Gains On U.S.-China Trade Optimism