Saudis, Russia to diverge on speed of oil output cuts

06 January 2016, London — OPEC and non-OPEC members have pledged to cut their combined oil production by an average of just over 1.7 million barrels per day (b/d) in the first six months of 2017. Saudi Arabia and its Gulf allies are expected to implement most of their cuts immediately, but other producers both […] More »