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Oil prices retreat as OPEC, Russia prepared to raise output under U.S. pressure from JLWilsonAssociates's blog

Conference Board Energy 20180412

Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC's chief said a complaint from U.S. President Donald Trump over high prices had triggered the idea of upping output.

Source: http://www.cbc.ca/news/business/opec-russia-oil-production-united-states-1.4677540?cmp=rss

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By JLWilsonAssociates
Added May 25 '18


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