An OPEC Deal Extension Isn’t As Simple As It Sounds
Green Car Congress
MARCH 23, 2017
To cut exports rather than production would hit hard the bottom lines of those who are heavy exporters, so it's quite clear why an oil cartel whose self-proclaimed mission is to secure "a steady income to producers" chose to cut "production" instead of "exports" in its latest supply-cut agreement. million barrels per day.
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