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Non-OPEC

Update news Non-OPEC

OPEC, non-OPEC to look at extending oil-output cut by six months
Vietnamnet global

OPEC, non-OPEC to look at extending oil-output cut by six months

 A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

Oil prices rise as markets eye OPEC, non-OPEC production cuts
Vietnamnet global

Oil prices rise as markets eye OPEC, non-OPEC production cuts

 Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining the global supply glut.

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong
Vietnamnet global

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

 Oil prices jumped more than 5 percent on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the U.S. dollar extended gains ahead of an expected rate hike this week.