News Feed Archive

A Deal Has Been Reached with OPEC to Freeze Oil Output Finally!

Breaking news this Tuesday brings the good news everybody in the oil and gas industry has been waiting for. In a sign of tentative cooperation among major oil producers, Qatar, Russia, Saudi Arabia and Venezuela announced a plan on Tuesday to freeze output at current levels, a move intended to help bolster energy prices. The deal is contingent on other producers joining in on the freeze.

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