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APO: African Oil Producers must support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts

APO: African Oil Producers must support Organization of the Petroleum Exporting Countries (OPEC) efforts to Restore Stability to the Oil Markets with Continued Production Cuts The African Energy Chamber (https://EnergyChamber.org) urges the Organization of the Petroleum Exporting Countries and other key global oil producers, including Russia, to continue with the historic production cuts at the December 6, 2018 OPEC meeting to stabilize the oil price. Oil prices have dropped by about 20 percent in November, and the month is likely to record the biggest one-month decline in oil prices since the crash of 2014. This is not good for producers in Africa and African economies ...
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Added November 30, 2018
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