OPEC gearing up for deeper oil cuts, Russia yet to agree

Euronews | Dec 4, 2019 at 11:04 AM
  • OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year.
  • The Organization of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna followed by a meeting with Russia and others, a grouping known as OPEC+, on Friday.