December Supply Cuts by OPEC Could Give Oil Traders a Happy Holidays
October 17, 2019 at 10:57 AM EDT
The Organization of Petroleum Exporting Countries (OPEC) and its allied members could implement supply cuts in December, which should give oil traders a holiday season worth celebrating. OPEC will meet in Vienna between Dec. 5-6 to discuss output, and early indications are that supply cuts could be...