OPEC shows surprisingly strong solidarity
Members of OPEC have lived up to their commitments to reduce oil production more than they have ever previously done, according to an analyst.
BY RITZAU FINANS
When the Organization of Petroleum Exporting Countries (OPEC) decided to put a cap on production last year, the oil prices rose by 20 percent, and new figures indicate that the cartel's 13 members have largely complied with the deal, writes the New York Times.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Oil slips as investors weigh OPEC compliance versus US rigs
For subscribers
