The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Saudi Arabia's energy minister held talks Monday with U.S. Energy Secretary Rick Perry, after the kingdom and its allies defied U.S. pressure to cut oil production in a bid to prop up prices.OPEC members and 10 other oil producing nations, including Russia, Friday agreed to cut output by 1.2 million barrels a day from January in a bid to reverse recent falls in prices.Last week, for the first time in decades, the United States – which is not a member of OPEC – was a net exporter of crude oil and petroleum products.
FOLLOW THIS ARTICLE