Exclusive: OPEC looked at extra 1-1.5 percent oil supply cut, could revive proposal

Jun 1, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

DUBAI/LONDON (Reuters) – OPEC discussed cutting its oil output by a further 1-1.5 percent when it met last week, three sources familiar with the matter said, and could revisit the proposal should inventories remain high and continue to weigh on prices.