OPEC meets as Trump calls for oil taps to be kept on

6 December 2018 

OPEC members and other oil-producing countries gather in Vienna on Thursday to discuss cutting output to prop up prices, as United States President Donald Trump urged them to keep the faucets open.

Oil ministers from 20 or so countries busily criss-crossed the Austrian capital on Wednesday for preparatory negotiations ahead of the two-day meet at the headquarters of the Organisation of Petroleum Exporting Countries.

Delegates remained relatively tight-lipped about what had been agreed in a flurry of closed-door meetings in some of Vienna’s most exclusive hotels, even as Trump took to Twitter to urge producers to keep pumping to ensure that the commodity remains affordable.

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Source: 
Mail and Guardian

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