OPEC decides to keep production cuts
VIENNA, Austria (UPI) -- OPEC and its allies have agreed to extend the group's cuts on oil production through July. During a Saturday video-conference meeting Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said there are grounds to be "cautiously optimistic about the future," but there are still economic challenges ahead for oil producers and encouraged a swift decision to stabilize oil markets and keep oil prices high. "Together we are stronger, together we can restore stability to oil markets […]
