OPEC Defers Decision on Oil Output Reduction
Cartel pushes members for ‘hidden cuts,’ putting off a major decision on production until December/ What does the road to an IPO look like for the world’s most profitable company? After repeated delays, Saudi Aramco has revived plans for what would be the biggest-ever IPO. But hurdles remain for the state-owned energy company. Photo illustration: Adele Morgan/ The Organization of the Petroleum Exporting Countries and its oil-producing allies put off any talk of further output reductions at a technical meeting Thursday, despite growing ...
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