| Two important meetings passed at the weekend without any specific agreement on Opec member state supply cuts or support from other oil producers for an output deal next month.
With only a month to go until the 14-nation cartel is due to finalise its deal to cut overall exports by up to one million barrels a day, the failures have added to fears the agreement will ever be ratified. Brent crude, the international oil price benchmark, was this morning trading at $49.54 a barrel, 23 cents above its overnight nadir that marked the lowest level since 30 September...........................................Full Article: Source
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