Latest News Updates From Annmarie Hordern and Grant Smith

Business, Fuel

OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil

OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.

, December 1, 2016