The Traderszone Network

Published in TZ Latest News 12 April, 2017 by The TZ Newswire Staff

OPEC sees rivals’ oil output rising as it over-delivers on cuts

OPEC cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February, suggesting that its effort to clear a supply glut that has weighed on world oil prices is succeeding.