Oil producers pledge to respect output cuts

Dawn | Sep 13, 2019 at 7:02 AM
  • Oil producers pledged on Thursday to comply with output cuts aimed at rebalancing the sagging market, but offered no further reductions in a sign they are short on options in a market depressed by US-China tensions.
  • Opec kingpin Saudi Arabia led calls to abide by promises on production curbs that the cartel hopes will drive up prices — with some including Nigeria and Iraq accused of exceeding their quotas.