The Organization of the Petroleum Exporting Countries yesterday delayed a decision on whether to cut the cartel's oil output, but demand that is falling in the United States and unexpectedly weak in China makes it likely that the group will lower production at its Dec. 17 meeting in Algeria,... -
OPEC Puts Off Any Drop in Output Until Dec. 17
The Organization of the Petroleum Exporting Countries yesterday delayed a decision on whether to cut the cartel's oil output, but demand that is falling in the United States and unexpectedly weak in China makes it likely that the group will lower production at its Dec. 17 meeting in Algeria,...-
By Steven Mufson