LONDON (Reuters) - Saudi Arabia's proposals of new metrics to determine when the oil market is balanced signals a shift in OPEC's targets for a pact on supply cuts that has almost achieved the initial aim of reducing bloated inventories.
Reuters: Top News, Reuters
Tue, 03/13/2018 - 9:53am
LONDON (Reuters) - Saudi Arabia's proposals of new metrics to determine when the oil market is balanced signals a shift in OPEC's targets for a pact on supply cuts that has almost achieved the initial aim of reducing bloated inventories.