OPEC And Russia Prepare For Long-Term Control Over Oil Market...

OPEC And Russia Prepare For Long-Term Control Over Oil Market

...OPEC and non-OPEC are set to stick to the production cuts through the end of 2018, but will be ready to “adjust” supply to address possible shortages.
The group of producers part of the pact “is not ready yet to fully lift controls,” a Gulf source familiar with the Saudi thinking has told Reuters, adding that “it is going to be a long-term cooperation for the sake of a stable oil market.”

https://oilprice.com/Energy/Energy-...re-For-Long-Term-Control-Over-Oil-Market.html