OPEC and Non-OPEC Crude Oil Production Agreement: Compliance Status

Brown, Phillip

Library of Congress. Congressional Research Service.

关键词: Petroleum reserves;    Petroleum prices;    Cartels;   

RP-ID  :  IN10821
RP-ID  :  IN10821_2017Nov16

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses OPEC's policy and agreement with 11 non-OPEC countries to reduce oil production to stabilize the price of oil which began January 1, 2017 and is in effect until March 31, 2018. Brief descriptions of the results of the agreement on global oil stocks are provided.