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Non-OPEC producers News

Oil Producing Countries

20 Apr 2017

Oil producers might have to extend output cuts: Saudi Minister

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing of the market.

22 Mar 2017

Oil prices hit lowest since November on expanding US inventories

Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.

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