Tag: barrel

OPEC targeting $55/b oil, meeting non-OPEC exporters in Istanbul

OPEC targeting $55/b oil, meeting non-OPEC exporters in Istanbul

Boutarfa had urged his fellow ministers to agree to a 1 million b/d cut below OPEC current production levels OPEC is aiming for an oil price of $55/b, Algerian energy minister Noureddine Boutarfa said Thursday, adding that the producer group could set its output ceiling lower than the tentative deal reached last week, if needed, […]

By October 7, 2016 0 Comments Read More →