22-01-2017 12:01 via news.yahoo.com

Ministers positive on OPEC, non-OPEC oil output cuts

Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time. Kuwaiti oil minister Essam Al-Marzouq, who chairs the five-member compliance committee, said it would examine how to best monitor compliance and what level of compliance would be acceptable. The other members of the committee represent Algeria, Venezuela, Russia and Om
Read more »