‘Oil Mar­ket Re­act­ing Well to Out­put Cut’

The Economic Times - - Finance & Commodities -

Qatar’s en­ergy min­is­ter and cur­rent Opec pres­i­dent, Mo­hammed Saleh al-Sada, said that world oil mar­kets were “re­spond­ing pos­i­tively” to out­put cuts im­ple­mented by the car­tel. The out­put cut move is aimed at re­duc­ing a glut of oil on world mar­kets that has de­pressed prices.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.