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OPEC

World news about “OPEC” published by euronews.

30/07 17:03 CET

Oil price stability on the horizon as companies cut jobs and costs

Oil price stability on the horizon as companies cut jobs and costs

OPEC says it expects oil prices to become more stable over the next year. Despite oil prices dropping over 50 percent since 2014 the organisation decided in June to keep production unchanged to protect its market share. Russia adopted the same stance. It was at a meeting…