Oil prices fall 3% on doubts over Opec output cut
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
London
OIL prices fell 3 per cent on Tuesday on signs that leading oil exporters were struggling to agree on a deal to cut production to reduce global oversupply.
The Organization of the Petroleum Exporting Countries (Opec) will meet in Vienna on Wednesday aiming to implement a deal outlined in September to cut output by around one million barrels per day (bpd), from around 33.82 million bpd in October.
Share with us your feedback on BT's products and services
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
