Cut in OPEC Production to Lower Oil Supply

Decision made at this week’s meeting of the Organization of Petroleum Exporting Countries in Algiers to cut production.

Shared article's source and link: Guardian's website article

The price of oil article is relevant to Canadian oil production and refining projects and to Alfa Laval's sales of oil separation centrfuges and Heat Exchanger equipment. 

ARTICLE: Oil and share prices rose after Opec members struck a deal to limit crude output for the first time since 2008, in an attempt to ease a global glut that has more than halved crude prices in the past two years...

 

Shared article's source and link: Guardian's website article