Page 4 - Opec Output Cut
Opec, allies agree on 9-month extension of output cut to Dec 2018
Twenty-four countries decided to maintain production cut of about 1.8 million barrels per day until December 31, 2018
 "Opec, allies agree on 9-month extension of output cut to Dec 2018")
Oil steady near $52 as Saudi prince backs Opec cuts
Speculation mounts that supply curbs by members of the Opec and its allies will be prolonged
 "Oil steady near $52 as Saudi prince backs Opec cuts")
OPEC panel likely to address export monitoring, oil output pact extension
OPEC officials have said exports have become a key metric tracked by the market
 "OPEC panel likely to address export monitoring, oil output pact extension")
OPEC output cuts exceed target: Kuwait
Non-OPEC compliance, however, has so far been modest
 "OPEC output cuts exceed target: Kuwait")
Oil prices drop on OPEC deal concern
Investors also worried that the rising US oil supply might offset any reductions,
 "Oil prices drop on OPEC deal concern")
Saudis order oil cuts to US, Europe before non-Opec talks
Move follows Russia's optimism about non-Opec producers fully joining Opec's output limits on Saturday in the first such move since 2001
 "Saudis order oil cuts to US, Europe before non-Opec talks")
Iraq agrees to cut down oil production
Iraq, along with Iran, had earlier been reluctant to go along with cuts, creating an obstacle for the Opec deal
 "Iraq agrees to cut down oil production")
Oil investors have $490 bn riding on Opec talks
This follows a $850 billion loss in value last year and $720 billion in 2014
 "Oil investors have $490 bn riding on Opec talks")
Opec makes last-ditch bid to save oil deal as tensions grow
Energy Minister Khalid Al-Falih said Sunday the oil market would recover in 2017 even without cuts
Opec to debate oil output cut next week but Iraq, Iran hesitate
Iran, Iraq and Indonesia had expressed reservations about their level of participation in what would be the group's first supply-limiting deal since 2008
OPEC ready to reach 'forceful' deal on cutting oil output: Venezuelan President
Russia on Wednesday said it was ready to support OPEC's decision on an oil output freeze
 "OPEC ready to reach 'forceful' deal on cutting oil output: Venezuelan President")
Opec agrees to modest output curbs
Prices rise nearly 3 per cent, extending rally on optimism over first output cut plan in eight years
 "Opec agrees to modest output curbs")
Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices
Oil futures retreated on Thursday as the market grew more sceptical on how OPEC would implement its plan
 "Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices")
