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Director / Editor: Victor Teboul, Ph.D.
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Maduro Says OPEC Set to Agree on Reducing Oil Output

OPEC countries are ready to reach a "forceful" agreement on cutting oil output, Venezuelan President Nicolas Maduro said Wednesday, following a meeting with OPEC Secretary-General Mohammed Barkindo in Caracas. "There is sufficient will among OPEC countries to take the step we need to take in the month of November, [to reach] a forceful agreement to reduce production and construct new mechanisms to stabilize the market," Maduro said in a televised broadcast from the...

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