OPEC, Allies Get Back on Track With Oil Cuts
By Brian Wingfield, Samuel Dodge and Cedric Sam -BLOOMBERG
Updated: 17 במאי 2019, 12:00 GMT+3
OPEC and its partners are once again cutting production as promised in their effort to steady the market. In April both sides of the so-called OPEC+ alliance complied with their supply pact for the first time 16 months. Field maintenance in Kazakhstan made a huge contribution to non-OPEC producers’ collective conformity, while the Organization of Petroleum Exporting Countries continued its commitment to the curbs. Here’s a look at the broader picture.