Opec extends oil quotas
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Geneva - The Organisation of Petroleum Exporting Countries (Opec) agreed yesterday to extend current oil output quotas to the end of the year, Secretary-General Subroto announced. The agreement is designed to achieve a gradual recovery of world oil prices. They are now around dollars 14 per barrel after a 20 per cent drop in 1993 that experts attribute to global recession and earlier excess production. Reuter
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments