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Director / Editor: Victor Teboul, Ph.D.
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US, Western Diplomats See Political Motive Behind OPEC Oil Cut

Despite repeated calls by U.S. President Donald Trump for oil production to remain steady, the Saudi-led Organization of the Petroleum Exporting Countries, along with Russia and its allies, announced Friday they would cut their pumping of crude to reduce oil flows onto the global market by 1.2 million barrels of per day, a bigger-than-expected cut.    OPEC officials say there was no political motive behind the decision, arguing an oil glut forced the move and that their decision...


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