Oil investors waiting on Opec's word, expect production cut of 1.4 mn bpd - Comprehensive, up-to-date news coverage, aggregated from sources all over the world ,

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    Wednesday, 28 November 2018

    Home International Oil investors waiting on Opec's word, expect production cut of 1.4 mn bpd

    Oil investors waiting on Opec's word, expect production cut of 1.4 mn bpd

    If Opec does not reduce production, prices could tumble to $40 a barrel, said Greg Sharenow, portfolio manager at PIMCO

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