OPEC AND OIL PRICES
Non-OPEC Producers Welcome Geneva Decisions: US Cavils
Reactions to the OPEC production cuts decided on in Geneva has ranged from pledges of complementary output reductions from two non-OPEC producers, through vaguer assertions of support from others, to predictable hostility from the US.
Mexico announced on 5 August that it will cut its exports by 10Z - from 1.5mn b/d to 1.35mn b/d - effective this month in support of OPEC's program. According to Mexican...
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