Most OPEC/non-OPEC deal countries support 9-month extension: Algerian minister

Algerian energy minister Noureddine Boutarfa said Thursday he believes there is a consensus among countries participating in the OPEC/non-OPEC oil production cut deal regarding the necessity to extend the agreement by nine months through March 2018.

Extension of OPEC/non-OPEC crude oil production cut deal near certain: analysts

The likelihood of OPEC and major non-OPEC producers agreeing to extend their ongoing crude oil output cut is near certain, two prominent analysts said.

Analysis: OPEC/non-OPEC committee punts decision to extend cuts to build case

To many market watchers, it seems a foregone conclusion that OPEC and its 11 non-OPEC partners will have to extend their production cut agreement past its June expiry if there is to be a realistic hope of drawing down inventories to their five-year averag