Скачать или смотреть OPEC Starts Working On Oil Supply Cut Exit Strategy

The Organisation of the Petroleum Exporting Countries, OPEC has started working on plans for an exit strategy from its deal to cut supplies with non-member producers.



Two OPEC sources said this is a sign that an eventual winding down of the deal is coming onto producers' radar, at least in theory.



The OPEC sources also said the group's secretariat in Vienna has been tasked to work on a plan with different options.



However, it was too early now to say what the plan would look like.



Russia and other non-OPEC producers on November 30th, extended an oil output-cutting deal until the end of 2018 to finish clearing a glut.



Oil prices meanwhile, have rallied this year and are trading near US$64 a barrel, close to the highest since 2015, supported by the OPEC-led effort.