OPEC proposing 1.4mb/d production cut

…As EIA cuts demand for OPEC crude by 300,000b/d OpeOluwani Akintayo 15 November 2018, Sweetcrude, Lagos — A report by Reuters says OPEC and its partners are discussing how to cut output by up to 1.4 million barrels per day, bpd, and not 1mbpd as earlier proposed. International benchmark Brent crude rose $1.18 a barrel to … More »