OPEC AND OIL PRICES
Oman Announces 50,000 b/d Cut: OPEC Members Affirm Compliance
The two-month reapplication of OPEC quotas beginning on 1 September has been marked by official statements from various countries concerned affirming their compliance with the decision.
Another non-OPEC producer - Oman - has also come forward with a production cut, following those previously announced by Mexico (150,000 b/d) and Malaysia (50,000 b/d). The Omani Ministry of Petroleum and Minerals...