Markets

Street Color: OPEC Reportedly Will Maintain Production Cuts Through Next Year: WSJ

10:32AM ET 11/12/2019 MT Newswires
According to the WSJ citing OPEC delegates, the cartel will reportedly maintain oil production curbs through the next year. A Gulf OPEC delegate noted that there is a risk that if prices rise due to OPEC cutting deeper, then US companies could hike production to bring it back down, "OPEC would ensure that won't happen," the delegate said.

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